Andrew Sheets, the global head of corporate credit research at Morgan Stanley, appeared on Squawk Box to share insights about the current market trends. He discussed the economy’s status and what can be expected from inflation data in the upcoming week. Sheets outlined the Federal Reserve’s outlook on interest rates and emphasized key factors influencing these decisions. He clarified that the Federal Reserve is unlikely to cut rates this year, highlighting various economic indicators and trends that could affect monetary policy. Observers are keenly monitoring inflation and policy adjustments as these factors could significantly impact market performance and investor strategies.