The Fed will lower interest rates under 3% as a mild recession leads to a 'soggy 2024,' UBS chief economist says

The Fed will lower interest rates under 3% as a mild recession leads to a 'soggy 2024,' UBS chief economist says

Federal Reserve Board Chair Jerome PowellAlex Brandon/AP Photo <ul> <li>The Fed will cut interest rates below 3% by next December, UBS chief US economist Jonathan Pingle said.</li> <li>Cuts will sta… [+1973 chars]

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