UBS forecasts a "no landing" scenario for the US economy
2024-10-21 00:39:40
UBS forecast United States economy emergence absence scenario economydesk3cryptocurrencydesktopCrypto News
UBS forecasts a "no landing" scenario for the U.S. economy, in which growth continues and inflation remains stable, breaking recession forecasts. UBS expects the election to trigger market volatility due to stronger-than-expected jobs data and GDP growth, but economic momentum and artificial intelligence trends will support stock market gains as the Federal Reserve heads towards rate cuts.
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