Fed Will Cut Interest Rates This Summer As Core PCE Inflation Cools: UBS

 add   US Fed Funds Rate Path Outlook

Published Jan 12 '23

Prediction  

  • The Fed could start cutting rates as early as this July, according to UBS. 
  • The Swiss bank's global chief economist said US core PCE inflation is likely to drop to 2.1% this year, calling for a Fed pivot. 
  • "Of course, if you gave our forecast to the Fed, they would have a very different reaction function," he said. 
add a comment  

 

Terms of Use: You are in agreement with our Terms of Services and Privacy Policy. If you have any question or concern to any information published on SaveNowClub, please feel free to write to us at savenowclub@gmail.com