🚨 Federal Funds Rate Interpretation 🚨

The Federal Reserve's interest rate cut still holds hope, but there is no rush for success! 📉

UBS's latest viewpoint:

Even with strong employment data, slowing inflation remains the main theme, and the overall direction of the Federal Reserve's rate cuts has not changed! ⚖️

Market expectation: Cumulative rate cut of 50 basis points 💰

First cut timing: Locked in for July 📅

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