26.8 C
Singapore
HomeForex NewsUBS forecasts plunging US inflation (core at 2.6% by yr finish!) -...

UBS forecasts plunging US inflation (core at 2.6% by yr finish!) – tip 50bp hikes forward | Forexlive


Snippet from UBS. Analysts there assess that US inflaiton has peaked:

  • see core CPI at 2.6% and headline at 3.4% by year-end
  • says that is optimistic for danger belongings, UBS spotlight particularly for tech shares
  • slowing inflation will relieve the stress from hawkish pricing and draw back development dangers

From the Federal Reserve UBS anticipate:

  • 50bp hikes coming in June and July
  • 25bp on the September & November conferences
  • a pause in 2023

Federal Open Market Committee dates nonetheless to come back this yr:

fomc 2022 meeting June to December



Read The Original Article

Latest Articles

Explore More

%d bloggers like this: