Expect 50 Bps Cut in December: Watt
PositiveFinancial Markets

UBS economist Abigail Watt predicts a 50 basis point cut in December due to ongoing weakness in the US economy, which is expected to accelerate in the fourth quarter.
Editor’s Note: This prediction is significant as it reflects concerns about the US economy's performance and could influence monetary policy decisions. A rate cut may provide relief to borrowers and stimulate economic activity.
— Curated by the World Pulse Now AI Editorial System