Investment bank bullish on Fed rate cuts; inflation concerns linger ...Middle East

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Investment bank bullish on Fed rate cuts; inflation concerns linger
UBS remain upbeat on further Federal Reserve interest rate cuts to come. Analysts at the bank acknowledge heightened concerns about inflation in the market, and also trimmed market pricing for cuts ahead.Ahead of Wednesday's CPI report (Forexlive Americas FX news wrap 13 Nov: US CPI comes out as expected. USD continues rise) UBS points:Economic data signals a stronger-than-expected economy. Concerns about inflation remainMarket expectations lean towards a slower pace of Fed rate cutsFed officials view the current rate as restrictive but are balancing employment and inflation goals. A major inflation surprise would be required to shift policy outlooks.The Fed is likely to continue rate cuts,

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