Deutsche Bank forecasting a significant recession in the US, Fed hikes as high as 6%Deutsche Bank
Fed likely to pursue the most aggressive monetary tightening since the 1980s
"We assume conservatively that a Fed funds rate moving well into the 5% to 6% range"
"the monetary-tightening process will be bolstered by Fed balance-sheet reduction, which our U.S. economics team estimates will be equivalent to a couple additional 25 basis-point rate hikes."
This
"will push the economy into a significant recession by late next year,"
info via Bloomberg (gated)
Source: Deutsche Bank forecasting a significant recession in the US, Fed hikes as high as 6% (https://www.forexlive.com/centralbank/deutsche-bank-forecasting-a-significant-recession-in-the-us-fed-hikes-as-high-as-6-20220426/)
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