UBS Delays Fed Rate Cut Expectations to 2027, Anticipates Hawkish Signals This Week
On June 16, UBS Global Wealth Management pushed back its expectations for Federal Reserve rate cuts to March and June 2027, no longer anticipating any cuts this year. The firm stated that this move reflects its judgment that this week's meeting will release hawkish signals. UBS now expects the Fed to cut rates by 25 basis points in March and June next year, compared to previous forecasts of cuts in December 2026 and March 2027. The Federal Reserve is set to announce its rate decision this week, marking the first meeting under new Chair Jerome Powell, with the market widely expecting rates to remain unchanged. UBS Global Wealth Management analysts noted in a report dated June 15, 'Although Powell has previously expressed a more dovish stance, we expect this meeting's tone to be more hawkish, both in the statement and the dot plot.' UBS indicated that major central banks are unlikely to hastily shift to a more dovish policy stance due to the U.S.-Iran agreement. Instead, as developments unfold and data released in the coming months gradually reveal whether energy shocks are triggering a second round of inflationary pressures, central banks are likely to maintain a cautious stance.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Evogene announces special shareholder meeting
Evogene will hold a special general meeting of shareholders in Rehovot, Israel on Nov. 10, 2026. Shareholders will vote on electing Oz Adler and Dr. Adi Zuloff-Shani to the board. Ballots will also cover the election of Itay Maroz and Shahar Zadok, subject to approval of a cooperation agreement. The meeting will also vote on a cooperation agreement between Evogene and L.I.A. Pure Capital and Invest-Pro Shukai Hon. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Evogene Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001178913-26-004722), on October 06, 2026, and is solely responsible for the information contained therein.
UK names 6 banks to lead first digitally native government bond
Altaris Completes Acquisition of Simulations Plus
02:57 PM EDT, 10/06/2026 (MT Newswires) -- Simulations Plus (SLP) said Tuesday that affiliates of Altaris have completed the acquisition of the company. The transaction price was $375 million, with each Simulations shareholder receiving $18.50 in cash per share, according to an earlier statement. As a result of the acquisition, Simulations said it has become a privately held company and its common stock will no longer trade on the Nasdaq Global Select Market.
Ondo Finance brings pre-IPO AI exposure on-chain — But there’s a catch
Crypto prices
More
