UBS On-Air: Paul Donovan Daily Audio 'I mean, nobody knows what I’m going to do'
UBS On-Air: Market Moves · Podcast owner
June 19, 20252m 33s
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Show Notes
The US Federal Deserve did as expected yesterday—nothing. The Fed’s dilemma can be summed up by a comment from US President Trump (in a different context) “I mean, nobody knows what I’m going to do”. The uncertainty about trade taxes, fiscal policy, and the reactions of US companies and consumers means (as Fed Chair Powell noted) there can be very little certainty about the future path of interest rates.