UBS: The Fed will implement its first rate cut in September

Brian Rose, UBS Global Wealth Management senior U.S. economist, and CNBC's Steve Liesman join 'The Exchange' to discuss the outlook for potential rate cuts, economic data, and more.

[@jocko4598]

Looks like this (blind) Wise Man has touched the Rate Cut Elephant and now he will tell us all what it is all about. Which part of the Rate Cut Elephant did he touch?

[@nickvin7447]

Based on what data?

[@818silencer818]

I love these experts going from 6 cuts starting in March now going all the way to September

[@HS-lb8kv]

yep, UBS said 7 cuts, deep cuts, then 5 cuts, then 3 cuts and now 1st in September. Great!

[@MangoFlamingo]

you mean no cut

[@thelefteyeguy]

based on information today...

[@JohnReynolds-ni5lv]

Anything to get FJB back in office.

[@joka5345]

Yup right before election

[@ChiefKene]

It’s extremely simple, rates not coming down PERIOD in 2024. They know bringing rates down is a death kiss right now and they know the markets can handle higher easily. People are just greedy

[@2023gainer]

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[@calvinalembi346]

No cut

[@paulgilliland2992]

His voice is so strange.