UBS expects a 25 basis point (bps) cut in June, followed by two additional 25 bps of cuts each in September and December, in line with brokerages including...
- UBS Global Research now expects the Federal Reserve to start cutting interest rates from June, a month later that its previous prediction and in line with other brokerages' forecasts, it said on Thursday, after the central bank broadly stuck to its monetary policy trajectory.
UBS also increased its 2024 core personal consumption expenditure inflation forecast - the Fed's preferred gauge for inflation - by about 0.4 percentage point to 2.3%."We still expect inflation is on a bumpy path lower, but a touch slower than before," UBS economists said in a note. Indoor Farming Market Worth $43.9 Billion by 2032: Analysis by Facility Type, Crop Type, Component, Growing System, and Region 2024-2032
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