Sept 7 (Reuters) - UBS Global Wealth Management expects the Federal Reserve to raise interest rates by 25 basis points in September and December, after better than expected jobs growth in August.
It had previouly expected no policy change this year.
"However, hawkish communication, particularly (Fed Chair Kevin) Warsh's Jackson Hole speech, rising inflation risks from supply bottlenecks, and August labor data have come in strong enough to change that call," UBS said in a note on Friday.
(Reporting by Joel Jose in Bengaluru; Editing by Mrigank Dhaniwala)