UBS On-Air: Paul Donovan Daily Audio 'Another little cut'

Paul Donovan, Chief Economist at UBS Global Wealth Management, discusses the upcoming U.S. Federal Reserve meeting, noting the lack of reliable short-term data and suggesting a rate cut would serve as an insurance policy against a fragile labor market. He also touches on China's pledge to boost domestic consumer spending and Spain's strong third-quarter GDP data, which challenges the narrative of European economic underperformance compared to the U.S.