UBS: Expect the Fed to cut five more times by mid-2020
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UBS: Expect the Fed to cut five more times by mid-2020

Hartmut Issel of UBS Global Wealth Management why he says there will be five more 25 basis point rate cuts by the middle of next year. He says he expects all the tariffs that have been announced so far to go into effect, and that will drag on the U.S. economy and "force" the Fed to be more aggressive.
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Wed, Sep 18 20195:08 AM EDT