UBS: Fed Rate Hike Ahead Despite Oil’s Skid, ECB QE
January 23, 2015 at 12:50 PM EST
Investors are debating if the burgeoning deflationary pressures in the U.S. will keep the Federal Reserve from raising rates later this year. A quiet consensus is emerging that the Fed will back off because lower oil prices will introduce deflationary pressures. But UBS has a different view. In a note to clients, UBS Economist Maury [...]