UBS: Federal Reserve policy shift "coming soon"
UBS expects the U.S. economy to continue towards a soft landing. Currently, the economy has entered a period of low-trend growth, with growth slowing to a moderate level. The steady rise in the unemployment rate is also consistent with below-trend economic growth. There are no signs indicating an imminent hard landing for the U.S. economy. At the same time, the general anti-inflation process has been completed. UBS believes that a policy shift by the Federal Reserve is imminent, with the basic prediction being the first rate cut of 25 basis points in September
Jinshi Data, July 29th news, UBS predicts that the US economy will continue to move towards a soft landing. Currently, the economy has entered a period of low-trend growth, with the growth rate slowing to a moderate level. The steady rise in the unemployment rate is also consistent with below-trend economic growth. There are no signs indicating an imminent hard landing for the US economy. At the same time, the general anti-inflation process has been completed. UBS believes that a shift in the Federal Reserve's policy is imminent, with the basic prediction being the first rate cut of 25 basis points in September