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Publish Date: Fri, 12 Apr 2024, 11:41 AM

July 23 (Reuters) - Brokerages have raised their year-end targets for U.S. stocks benchmark S&P 500 (.SPX) , opens new tab, spurred by expectations of a "soft landing" for the economy and growing odds that the Federal Reserve will cut interest rates this year.
Following are forecasts from some major banks on economic growth, inflation, and how they expect certain asset classes to perform:
Forecasts for stocks, currencies and bonds:
* UBS Global Research and UBS Global Wealth Management are distinct, independent divisions in UBS Group
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U.S. INFLATION
U.S. consumer prices fell for the first time in four years in June amid cheaper gasoline and moderating rents, firmly putting disinflation back on track and drawing the Federal Reserve another step closer to cutting interest rates in September.
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https://www.reuters.com/markets/brokerages-lift-sp-500-target-hopes-soft-landing-rate-cuts-2024-07-15/