Episode
UBS On-Air: Paul Donovan Daily Audio 'Fed fun'
- Podcast
- UBS On-Air: Market Moves
- Published
- Jun 17, 2026
- Duration seconds
- 165
- Processing state
not_requested- Canonical source
- https://www.ubs.com/content/dam/podcasts/wma/260617-fed-fun.mp3
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Summary
The Federal Reserve is expected to leave rates unchanged today. The Bank of Japan started with an accommodative stance, and has moved toward neutral. The European Central Bank started with a neutral stance, and unnecessarily moved toward a restrictive policy. The Fed started the year with a mildly restrictive policy, and there is no necessity for change.