News list for "UBS Economics"
UBS economist Nic Guesnon said the Reserve Bank of New Zealand is expected to leave the official cash rate unchanged at 5.50% at its policy meeting next week, but that looks like a very close decision to a rate cut. He said the Reserve Bank of New Zealand made a major shift in a dovish direction in its July policy statement, but traders and economists still don't know if they are considering a rate cut at that meeting. He added that the market expected a 70% chance of a 25 basis point rate cut i...
Economists at UBS believe that US economic data will continue to weaken in the coming months, stressing that the end of the Federal Reserve's easing cycle is more important than the beginning. UBS economists on Monday reiterated their outlook for a soft landing for the US economy, predicting that the Federal Reserve will start cutting interest rates in September and arguing that the market may have misjudged the extent of future Fed rate cuts. UBS concluded: "Overall, we believe the market under...
