MS · News · 20260917N

Interest Rate Environment

MORGAN STANLEY · 2026-09-17 · Importance 7 · Surprise 6

Morgan Stanley Wealth Management CIO Lisa Shalett said the artificial-intelligence investment cycle will not be slowed by recent interest-rate hikes. Her comments followed the latest Federal Open Market Committee decision on September 17, 2026. The outlook implies continued AI-driven equity-market activity despite tighter monetary policy, although no company-specific financial impact was quantified.

Key facts

• A Morgan Stanley report highlighted potential reimbursement pricing that could add $330M to $400M annually to Tempus AI's revenue outlook. source
• Lisa Shalett, CIO at Morgan Stanley Wealth Management, asserted that the AI cycle will not be hampered by recent interest rate hikes following the latest FOMC decision. source
• Morgan Stanley issued a bullish Overweight rating and a $230 price target on Booking Holdings. source
• Morgan Stanley adjusted its price target for Ciena to $450 from $425 and kept an Equalweight rating. source