UBS Wealth Management expects Fed Chair Powell to push for rate cuts at the September FOMC meeting, unless strong labor data or a surprise inflation rebound forces a pause:
- bank projects four quarter-point cuts through January 2026, beginning in September.
UBS says that US rates likely heading lower
- Europe already near the bottom
- sees global equities rising over the next 6–12 months, underpinned by Fed easing and strong corporate capex trends.
