UBS Forecasts Two Rate Hikes This Year | Durham News

UBS just upped its game: now expecting two interest rate hikes this year, not one — driven by stubborn inflation and solid job numbers. The first is likely later this month, with another possibly in December. While Fed watchers are split on the upcoming decision, UBS says don’t panic — diversify and use dips as buying opportunities. AI-driven growth and resilient hiring keep global stocks looking strong, even as higher rates cause short-term jitters. The Fed’s tightrope walk between jobs and prices? Still very much in play — but the labor market’s holding firm. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/d1ab7800b786f219