UBS says traders are too cautious on Fed rate cuts, base case is 50bp in 2024A snippet from UBS, analysts at the bank say they have a base case for 50bp of Federal Open Market Committee (FOMC) rate cuts in 2024, and that current pricing of around 35bp is too cautious.
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This article was written by Eamonn Sheridan at www.forexlive.com.
Source: UBS says traders are too cautious on Fed rate cuts, base case is 50bp in 2024 (https://www.forexlive.com/centralbank/ubs-says-traders-are-too-cautious-on-fed-rate-cuts-base-case-is-50bp-in-2024-20240603/)
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