*What would make #Fed raise rates again*?
UBS sees another 50 basis point cut this year
According to UBS strategists, recent economic data “should reinforce concerns among top Fed officials that the task of bringing U.S. inflation to its 2% target is not yet complete, and that there is no rush to cut rates further.”
Bank of America analysts outlined possible conditions under which the Federal Reserve could resume raising interest rates, after recent stronger economic data halted the current rate-cutting cycle.
BofA’s economics team said the “Fed’s rate-cutting cycle is over” after December’s jobs numbers beat expectations, raising concerns about inflationary pressures
