April 11 (Reuters) - UBS Global Wealth Management now expects the U.S. Federal Reserve to start cutting interest rates in September, compared to its prior forecast of June rate cuts, after U.S.consumer prices rose more than expected in March, it said on Thursday.
"Following the US CPI report, we now look for the Federal Reserve to cut rates two times in 2024, 25 bps each quarter," the economists said in a note on Thursday.
(Reporting by Gokul Pisharody in Bengaluru; Editing by Janane Venkatraman )
