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المشهد العربي
UPS extends US rate cut forecast to 2027
UBS Group's Wealth Management division has decided to delay its forecast for the start of US interest rate cuts to 2027, now expecting a 25 basis point reduction in March and June of that year instead of previously anticipated cuts in December and March. This comes ahead of the Federal Reserve's upcoming monetary policy committee meeting, which concludes tomorrow, amid expectations of steady interest rates and a more hawkish stance in the policy statement.
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