Snippet from UBS. Analysts there assess that US inflaiton has peaked:

  • see core CPI at 2.6% and headline at 3.4% by year-end
  • says this is positive for risk assets, UBS highlight especially for tech stocks
  • slowing inflation will relieve the pressure from hawkish pricing and downside growth risks

From the Federal Reserve UBS expect:

  • 50bp hikes coming in June and July
  • 25bp at the September & November meetings
  • a pause in 2023

Federal Open Market Committee dates still to come this year:

fomc 2022 meeting June to December