UBS expects the Fed to deliver two 25bps cuts in September and December (prev. saw cuts in June and September)

Newsquawk StaffFederal Reserve newsPublished 26 Mar 2026, 09:32 UTC

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09:16

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09:12

UBS expects the Fed to deliver two 25bps cuts in September and December (prev. saw cuts in June and September)

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Context

UBS's updated expectation of two rate cuts by the Fed in September and December, instead of June and September, suggests a shift towards a more cautious approach in monetary policy. This indicates they may foresee inflationary pressures easing, affecting the interest rate outlook which could lead to a weaker USD in response. Investors should consider how this revision might impact fixed income markets and the broader forex landscape, particularly with USD pairs.

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