UBS Global Wealth Management has revised its outlook on global equities to "attractive" from "neutral" due to strong U.S. economic growth and easing monetary policies from major central banks.

The analysts at UBS believe that the combination of resilient economic growth and proactive measures from central banks creates a favorable environment for equities going forward.

This change in stance reflects UBS's confidence in the ongoing supportive backdrop for markets, following the recent rate decision by the Federal Reserve. UBS maintains its belief in the potential for continued growth in the equity markets as economic conditions remain robust.