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UBS Expects Two More Fed Rate Hikes After September Inflation

UBS Global Wealth Management revised its outlook, expecting the Federal Reserve to raise rates by another quarter point in December and once more in 2027, after stronger-than-expected annual inflation in September.

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UBS Global Wealth Management expects the Federal Reserve to continue raising interest rates into 2027 after stronger-than-expected annual inflation in September.The bank has revised its monetary policy outlook and now anticipates two additional quarter-point rate increases, one in December and anot…