UBS Wealth Management sees another 100bps rate hike by the Fed

08/29 09:12

The UBS Wealth Management Investment Director's Office (CIO) released a report saying that in the face of the current high inflation environment, investors have underestimated the willingness of central banks such as the Federal Reserve to tighten policy, and the market's reaction to Fed Chairman Powell's latest remarks is in line with this observation. The agency believes that the Federal Reserve will raise interest rates by 100 basis points before the end of this year, and if U.S. inflation does not cool as expected, risks to the U.S. economy will increase.
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