UBS On-Air: Paul Donovan Daily Audio 'To and fro'
Update: 2025-11-18
Description
The latest rhetoric from Federal Reserve members is not changing policy uncertainty. Fed Governor Waller highlighted US labor market brittleness—their rather dour outlook supporting a December rate cut. Simultaneously, the cost of living (or, more broadly, affordability) is in political focus, and Fed Vice-Chair Jefferson acknowledged that by suggesting the pace of policy easing could slow.
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