Menu
Sign In Search Podcasts Charts People & Topics Add Podcast API Pricing
Podcast Image

UBS On-Air: Market Moves

UBS On-Air: Paul Donovan Daily Audio 'Rate cuts are coming'

18 Jul 2024

Description

Two Federal Reserve speakers signalled that interest rate cuts are coming (the tone is consistent with a September rate cut). The Federal Reserve’s Beige Book of economic anecdotes strongly suggests that profit-led inflation is in full retreat (retailers are discounting to buy back customer loyalty, and customer price sensitivity is high). Growth and employment also appear to be moderating. The ECB meets today, giving Lagarde an opportunity to speak—no rate cut is expected now, but the quarter-point-a-quarter rhythm is looked for.

Audio
Featured in this Episode

No persons identified in this episode.

Transcription

This episode hasn't been transcribed yet

Help us prioritize this episode for transcription by upvoting it.

0 upvotes
🗳️ Sign in to Upvote

Popular episodes get transcribed faster

Comments

There are no comments yet.

Please log in to write the first comment.