UBS On-Air: Market Moves
UBS On-Air: Paul Donovan Daily Audio 'Weaker employment > stronger inflation'
18 Sep 2025
Description
The Federal Reserve performed as expected—a quarter point rate cut and signals of more to come. The weakening US labor market is prioritized over ongoing inflation increases. That suggests rate cuts even as goods price inflation increases further into next year. Poor quality labor market data presents challenges to policy confidence.
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