Fed to deliver 75-100 bps of rate cuts this year, says UBS Global Wealth Management
At the end of last year, they argued for the Fed to cut rates four times in 2025 before scaling that back amid Q1 developments. But now with Trump's tariffs, they are putting their previous forecast back on the table in expecting Powell & co. to deliver between 75 bps to 100 bps of rate cuts for the remainder of the year.From earlier, the current market pricing: Traders step up Fed rate cut pricing after Trump tariffs announcement This article was written by Justin Low at www.forexlive.com.
At the end of last year, they argued for the Fed to cut rates four times in 2025 before scaling that back amid Q1 developments. But now with Trump's tariffs, they are putting their previous forecast back on the table in expecting Powell & co. to deliver between 75 bps to 100 bps of rate cuts for the remainder of the year.
From earlier, the current market pricing: Traders step up Fed rate cut pricing after Trump tariffs announcement This article was written by Justin Low at www.forexlive.com.
