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Podcast: UBS On-Air: Market Moves
Episode: UBS On-Air: Paul Donovan Daily Audio 'Fed Day'
Description: A unanimous 92 out of 92 surveyed economists expect no change in US interest rates today. That many economists could never be wrong. An insurance rate cut may be necessary, to keep fear of unemployment low and allow US consumers to continue cutting savings rates to pay for tariffs. An insurance cut is not urgent, however.