14th November 2023

  • Wall Street Divided Over Just How Aggressive Fed Cutting Will Be

Morgan Stanley, UBS see big reductions, Goldman less so

Goldman’s forecast is closer to market, Fed outlooks

https://blinks.bloomberg.com/news/stories/S42J64T1UM0X

  • US Inflation Report to Keep Fed Biased Toward More Tightening

Core inflation may move sideways, Bloomberg Economics says

Fed will probably keep ‘wait-and-see’ attitude toward hikes

https://blinks.bloomberg.com/news/stories/S42WNRT0G1KW

  • US Kicks Off Fiscal Year With an 87% Surge in Interest Costs

Budget deficit shrank in October thanks to deferred taxes

Interest costs climbing due to rising US Treasury yields

https://blinks.bloomberg.com/news/stories/S42IH2T0AFB4

  • UBS Strategists See Far Deeper Fed Rate Cuts Than Market Pricing

Strategists predict 275 basis points of easing, starting March

Anticipate US sliding into recession by second quarter

https://blinks.bloomberg.com/news/stories/S3X433DWX2PS

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