UBS anticipate the Federal Reserve to chop in September, say get into enticing yield now

Snippet from UBS’ global wealth management division on their outlook for the Federal Open Market Committee (FOMC) and investor implications.

• UBS expects the first rate cut from the FOMC in September
• investors should “act now to put cash to work” as attractive yield from ‘quality fixed income’ is unlikely to persist much longer

UBS have caught up with Adam from weeks ago:

• I believe this is a rare moment to lock in investments with high rates for a long duration

This article was written by Eamonn Sheridan at www.forexlive.com.