UBS sees Fed cutting interest rates by 100 basis points in 2024

UBS sees Fed cutting interest rates by 100 basis points in 2024

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UBS’ Solita Marcelli, Chief Investment Officer Americas, weighed in on the markets as stocks and high-quality bonds surged in recent months. The S&P 500 has surged by 14% since its October low, and the 10-year US Treasury yield has retreated approximately one percentage point from its October…

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