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The Fed could slash interest rates in half next year, says UBS | Creditnews

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Sw Fed investment bank UBS says U.S. half next year for a s UBS ker n Fed year as consumers are running through last s half next year pandemic savings.

UBS' most eye-popping prediction is that the Fe Swiss ld slash interest rates up to 2 UBS basis poi 2024-2026 event a major recession.

Th Nov. 20 d UBS ng the fed U.S. funds rate down from the cur next year of 5.5% to 2.75%. 29% FedWatch Tool CME Group’s March Americans /span> Covid aryFeed_highLightText__NxlGi">Luke Tilley Fed ">Wilmington Trust’s the third quarter of 2023 o years $2.1 trillion ed_h around $190 billion ">12-month October last week James Knightley hLightText__NxlGi">CreditNewsING Fed UBS yFeed_highLightText__NxlGi">Fed Fed class="summaryFeed_highLightText_ 275 lGi">ten one 5.5% lGi" 2.75% month Americans four nearly one Fed an class="summaryFeed_highLightText__NxlGi">as high as 30% 21% 13-year d over two decades /span> Americans Melissa Cohn LightText__NxlGi">Williams Raveis Mortgage

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82

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