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UBS CEO says it's too early to talk about a U.S. recession, but a slowdown is possible

CNBC
Summary
Nutrition label

78% Informative

UBS CEO Sergio Ermotti says market volatility could intensify in the second half of the year .

UBS expects that the Federal Reserve will cut rates by at least 50 basis points this year .

Global equities saw sharp sell-offs last week as investors digested weak economic data out of the U.S. It raised fears about an economic downturn in world's largest economy.

VR Score

88

Informative language

92

Neutral language

74

Article tone

formal

Language

English

Language complexity

57

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

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