After the October CPI data was higher than expected, Deutsche Bank added a January rate hike to the forecast. The bank currently expects to raise interest rates by 25 basis points each in December, January, and March of the following year, and the federal funds rate target range will rise to 4.50% — 4.75%. Analysts say there is a possibility of raising interest rates by 50 basis points in December, especially after Federal Reserve Governor Waller made hawkish remarks, but this is not the benchmark scenario. Deutsche Bank also raised its neutral interest rate forecast to 3.75% — 4.00%, which means that interest rates will remain high for a longer period of time.
Zhitongcaijing · 1d ago
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After the October CPI data was higher than expected, Deutsche Bank added a January rate hike to the forecast. The bank currently expects to raise interest rates by 25 basis points each in December, January, and March of the following year, and the federal funds rate target range will rise to 4.50% — 4.75%. Analysts say there is a possibility of raising interest rates by 50 basis points in December, especially after Federal Reserve Governor Waller made hawkish remarks, but this is not the benchmark scenario. Deutsche Bank also raised its neutral interest rate forecast to 3.75% — 4.00%, which means that interest rates will remain high for a longer period of time.
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