UBS expects the first US interest rate cut in December 2026, followed by another cut in March 2027.
📌 The bank raised its previous forecasts due to continued strength in inflation, the labor market, and US economic growth.
📌 Previous estimates had pointed to rate cuts in September and December 2026.
📌 Bank of America and Goldman Sachs have also postponed their rate cut forecasts, citing rising inflationary pressures and higher energy prices.
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