DEUTSCHE BANK EXPECTS FED TO CUT INTEREST RATES BY 25 BPS IN SEPTEMBER AND DECEMBER VS PRIOR FORECAST OF ONLY DECEMBER CUT IN 2025
Deutsche Bank Sees 25bp Fed Rate Cut In September And December Vs Prior Forecast Of Only December
Deutsche Bank Predicts Fed Will Lower Interest Rates By 0.25% in September and December 2024, Changed from Previous Expectation of Only December 2024 Cut 🚨📉🇩🇪
Deutsche Bank has brought forward its outlook for U.S. monetary easing, saying it now expects the Federal Reserve to reduce its benchmark interest rate by 25 basis points in both September and December 2025. The bank had previously projected only one 25-basis-point cut in December. The revised forecast reflects Deutsche Bank’s view that inflation will continue to moderate and that economic conditions will allow the Fed to begin a gradual policy-rate reduction earlier than it had anticipated. The Fed’s policy rate currently stands at 5.25%-5.50% following a series of hikes aimed at curbing price pressures.
