Deutsche Bank sees three consecutive Fed hikes from December to March
FROM THE WIRE · SEEKINGALPHA.COM
Deutsche Bank expects 25-basis-point Fed hikes in December, January and March, lifting rates to 4.5%-4.75% after October CPI ran hot.
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishExpectations of repeated rate hikes weigh on bonds and favour the dollar.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Deutsche Bank expects 25-basis-point hikes in December, January and March.
- 02Rates would rise to 4.5%-4.75%.
- 03The forecast follows hotter-than-expected October CPI.