UBS Predicted Federal Reserve Will Lower Interest Rates in 2024

Need2Know Headlines

Does this mean for those borrowing costs, Kristen a great question. And so the expectation is that cooling inflation can cause the fed to stop its rate rising course. In fact, the reason that the stock market is rights in early on Tuesday as lower rates generally yield higher stock market returns. Well fed officials like Chair Jerome Powell are considering whether their benchmark interest rate is high enough to officially moderate inflation or if more rate rises are necessary. Global Investment Bank. UBS actually thinks the US Central Bank will cut borrowing costs next year to the disinflation, slower growth and rising unemployment.