Forex
globalreutersJanuary 21, 20251 Mins read
UBS CEO sees sticky inflation, tariff risks – “don’t see rates coming down as fast”
globalreutersJanuary 21, 20251 Mins read UBS CEO Ermotti spoke with CNBC on Tuesday, saying he sees rates not coming down as quickly as the market is expecting:
- “inflation is much more sticky than we have been saying,”
- “we need to see also how tariffs will play a role in inflation. Tariffs will probably not really help inflation to come down. And therefore I don’t see rates coming down as fast as people believe”
More at that link above.
This article was written by Eamonn Sheridan at www.forexlive.com.
Related Articles
ECB’s Stournaras says rates should be close to 2% by end of the year
He had previously say that the ECB should continue with "a series...
ECB’s Knot sees little obstacle to another rate cut next week
Data is encouraging, confirms that we'll return to targetHopes to see recovery...
Today’s Bitcoin Futures Analysis
TradeCompass for Bitcoin Futures Analysis – January 22, 2025Current Price of Bitcoin...
FX option expiries for 22 January 10am New York cut
There are a couple to take note of on the day, as...
Leave a comment