UBS expects Fed 25bp hike at December FOMC, market talk
UBS economist Jonathan Pingle said the Fed could raise rates by 25bp at the December FOMC meeting and likely hold rates at the October meeting.
UBS thinks the Fed will undertake another 25bp rate hike at the December FOMC meeting, economist Jonathan Pingle said. The FOMC is likely to pass on raising rates at the October meeting, in the same way the Fed waited and evaluated events in June and July, he said. That would avoid raising interest rates s…