In today's episode, we delve into the Federal Reserve's decision to maintain interest rates and explore Morgan Stanley's forecast of a global economic slowdown. We also examine the rising trend of mutual bank conversions, highlighting the strategic shifts in the financial sector. Join us for an in-depth analysis of these key economic developments.

Sources:

https://www.thestreet.com/fed/fed-minutes-send-strong-message-on-interest-rate-cuts

https://www.ainvest.com/news/fed-holds-rates-steady-trade-uncertainty-shift-strategy-investors-2505/

https://www.morganstanley.com/Themes/outlooks

https://longportapp.com/news/242344795

https://www.morganstanley.com/campaigns/wealth-management/move-report/move-report2025may27/

https://investorsobserver.com/news/morgan-stanley-trumps-economic-fallout-will-come-in-two-stages/

https://www.ainvest.com/news/morgan-stanley-edd-drops-1-61-global-uncertainty-2505/

https://www.spglobal.com/market-intelligence/en/news-insights/articles/2025/5/state-of-the-pipeline-may-2025-89561137

https://www.globenewswire.com/news-release/2025/05/23/3087710/0/en/Lake-Shore-Bancorp-Inc-Announces-Commencement-of-Stock-Offering.html

https://in.investing.com/news/company-news/lake-shore-bancorp-announces-stock-offering-for-bank-conversion-93CH-4846001

https://www.luselaw.com/news/

https://www.newswire.ca/news-releases/global-x-announces-may-2025-distributions-for-its-suite-of-etfs-833978753.html