The UBS has predicted that Fed could cut the rates of interest three times in a year. The U.S. Federal Reserve could have also lowered the rates of interests three times in this year for sure.
As per the opinions of the Arend Kapteyn, global head of economic research at UBS, tariffs implemented in the U.S.-China trade war is about to fall down to just 0.5 % year in the first half part of this year. He also added that the impact of these tariffs could be just for the time being and U S will not go into the recession.
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