UBS halved its expectation for Federal Reserve rate cuts in 2025, to 50bp only (from 100) ...Middle East

UBS has adjusted its outlook for rate cuts in 2025, now expecting two 25-basis-point reductions:

one in June and another in September

The Fed's approach remains data-dependent, UBS notes. Weaker-than-expected labor market or inflation data could prompt an earlier rate cut in March, though this would depend on how economic conditions evolve in the coming months.

This article was written by Eamonn Sheridan at www.forexlive.com.

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