UBS CEO sees sticky inflation, tariff dangers – "don’t see charges coming down as quick"

UBS CEO Ermotti spoke with CNBC on Tuesday, saying he sees charges not coming down as rapidly because the market is anticipating:

• “inflation is rather more sticky than we have now been saying,”
• “we have to see additionally how tariffs will play a task in inflation. Tariffs will most likely probably not assist inflation to come back down. And due to this fact I don’t see charges coming down as quick as individuals consider”

Extra at that hyperlink above.

This text was written by Aaron Cutchburt at www.ubaidahsan.com.



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