UBS keeps stock flat as it shifts Fed forecast to two hikes
UBS Group kept its Federal Reserve outlook on track for quarter-point rate increases in September and December, abandoning its prior view of no policy change in 2026, while shares held at $55.38.
UBS Group NYSE:UBS, the global wealth-management and investment-banking powerhouse, flipped its Federal Reserve forecast Monday as the stock stayed at $55.38. UBS now expects quarter-point rate increases in September and December, abandoning its previous forecast for no policy change in 2026.The pi…