[UBS: Fed May Delay Rate Cuts to September, Followed by Another Cut in December] BlockBeats News, March 26, UBS stated that due to persistent inflation and geopolitical risks, the Federal Reserve is expected to delay rate cuts until September, with a potential additional rate cut in December. Economist Andrew Dubinsky pointed out that the Fed is waiting for concrete evidence of a significant decline in inflation. Currently, core personal consumption expenditures remain around 3%, partly influenced by tariffs. Impacted by rising oil prices related to Iran and a stable labor market, the Fed is maintaining a 'wait-and-see' stance. UBS predicts that economic conditions will improve by 2026, but the timing of rate cuts remains uncertain.