UOB Flags Gradual Fed Easing Path as September Hike Bets Fade
UOB economist Alvin Liew says market pricing for a September Federal Reserve rate hike has declined, with the base case now an extended pause.
UOB economist Alvin Liew outlined the bank's Federal Funds Rate expectations following the July US CPI release. According to Liew, market pricing for a September rate hike has fallen.
The bank's base case is for an extended pause by the Federal Reserve, with the broader outlook described as a gradual easing path.
Source: FXStreet Forex News