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Deutsche Bank adds January rate hike to base case, sees Fed rate at 4.50%-4.75%
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Deutsche Bank has further raised its expectations for U.S. Federal Reserve interest rate increases, adding a January hike to its base-case scenario. The bank now expects the Fed to raise rates by 25 basis points in December, January and March in succession, pushing the policy rate up to a range of 4.50% to 4.75%. The forecast is attributed to Deutsche Bank and reflects its revised view of the Fed's tightening path.
Source report
Deutsche Bank has further raised its expectations for Federal Reserve rate hikes, incorporating a January increase into its base-case scenario. The bank now expects the Fed to raise rates by 25 basis points in three consecutive moves—in December, January, and March—pushing the benchmark rate to a range of 4.50%–4.75%.
Source
domesticNeutral / independent
Part of this Story
Bank of America, Deutsche Bank add January to Fed rate hike forecasts