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UBS On-Air: Paul Donovan Daily Audio 'Rates and spending'
Published 11 months, 3 weeks ago
Description
The Federal Reserve decides on rates—the market consensus is for unchanged rates today. US President Trump advocates for rate cuts, but that view point may be biased by their experiences as a borrower. The rate outlook is complicated. Underlying inflation pressures are modest, and keeping real interest rates stable may require rate cuts.