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Deutsche Bank's assessment is that "A US recession remains more likely than not."

Deutsche Bank think a US recession is more likely than the hoped-for "soft landing", citing the risk the Federal Open Market Committee (FOMC) tightening interest rates too much. "Given that inflation peaked significantly above target, the Fed should err on the side of tightening too much, rather than too little," a "soft landing" can still be achieved but its still likely that the Fed needs to "depress demand below potential" to bring inflation to targetDB say they expect the data to show t... Read More

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Deutsche

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Posted: Sep 6 2023, 21:37

Author Name: forexlive

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