UBS: Prospect of Fed Rate Cut Could Boost Stocks, Bonds, and Gold.

In a report, UBS strategists stated that the improved prospects of a rate cut by the Federal Reserve could benefit stocks, bonds, and gold. They mentioned that after weaker-than-expected US inflation data last week, the Fed is likely to cut interest rates in the coming months. "We believe that the Fed is still expected to further ease its policy, and we expect two 25 basis point rate cuts between June and September."