UBS Strategists See Far Deeper Fed Rate Cuts Than What Markets Are Pricing
By Alice Atkins and Sujata Rao-Coverley The Federal Reserve will cut interest rates by 275 basis points next year, nearly four times more than what markets are pricing, strategists at UBS Investment Bank predict. A continued decline in inflation will enable the central bank to start easing policy as soon as March, with rates likely to be cut in the large increments […]