Deutsche Bank analyst sees one 2024 Federal Reserve rate cut, "all the way in December"Deutsche Bank's chief global strategist Chadha spoke in a media interview (CNBC) on the Federal Reserve and US equities:
- said the firm is "constructive" on equities
- does not think a rate cut is needed for equities to continue to rise
- sees one rate cut from the Federal Open Market Committee (FOMC) this year, "but all the way in December"
Too early for a Santa rally?
This article was written by Eamonn Sheridan at www.forexlive.com.
Source: Deutsche Bank analyst sees one 2024 Federal Reserve rate cut, "all the way in December" (https://www.forexlive.com/centralbank/deutsche-bank-analyst-sees-one-2024-federal-reserve-rate-cut-all-the-way-in-december-20240604/)
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