UBS: The Fed may cut interest rates in September, and the market underestimates the extent of the rate cut in this cycle

UBS economists reiterated their outlook for a soft landing for the U.S. economy on Monday, predicting the Federal Reserve will start cutting interest rates in September and believing that the market may have misjudged the extent of the Fed's future rate cuts.

UBS pointed out that although economic data has experienced unusual fluctuations since the outbreak, some trends now seem to have been established. (Jinshi) #ETH🔥🔥🔥🔥