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UBS says markets are vulnerable to signs of no soft landing

Snippet from UBS Global Wealth Management hinting at market complacency: Markets are already pricing in a soft landing, and increasingly with the belief that relatively little growth pain is required for inflation to gradually return to 2%,” The markets are vulnerable to any signs that the economy, with the Fed’s steering, is at risk of not sticking to that soft landing.A strong NFP report later on Friday could be a catalyst for expectations of perhaps more Fed rate hikes ahead and could give a... Read More

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Posted: Aug 4 2023, 00:17

Author Name: forexlive

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