Morgan Stanley released a report this week with its outlook for the Federal Reserve’s first interest rate hike. Analysts believe that the Fed’s resolve to raise interest rates in 2015 remains strong, despite weak economic numbers to begin the year.

Rough Start

Economic growth in the U.S. has been much weaker so far in 2015 than many economists anticipated several months ago. In the minutes from their most recent meeting In April, the FOMC discussed several reasons for the slow start to the year, including bad weather, the port strike, energy capex cuts, the strong dollar’s negative impact on exports and seasonal measurement bias.

Weakness Only Temporary?

Morgan Stanley analysts share the widely-held belief that early-2015 economic weakness is…

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