UBS Foresees Fed Rate Cuts as a Positive Catalyst for Equities, Bonds, and Gold
Deep News
Feb 16
UBS Group AG strategists stated in a report that an improved outlook for Federal Reserve interest rate cuts could benefit stocks, bonds, and gold. They indicated that following weaker-than-expected U.S. inflation data last week, the Fed is expected to reduce rates in the coming months. The strategists remarked, "We believe the Fed is still on track to further ease policy, and we anticipate two 25-basis-point rate cuts between June and September."
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