UBS: Fed expected to cut rates for the first time in September
UBS (UBS.N) said it expects the Federal Reserve to cut interest rates for the first time in September, and that investors should "act now to put cash to work" as attractive yields on "high-quality fixed income" are unlikely to last long.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Machi Big Brother deposits approximately $200,000 into Hyperliquid to "top up" his ETH long position
USDC Treasury minted an additional 85 million USDC on the Solana chain
"BTC OG Insider Whale" Increases ETH Long Positions to $540 Million, Unrealized Losses Exceed $20 Million
"Machi" faces liquidation again, losing $2.44 million in the past week
Trending news
MoreCrypto prices
More
