Deutsche Bank forecasts four Fed interest rate cuts … by January!

Author: Eamonn Sheridan | Category: Central Banks

Scanning some of the overnight notes, this via DB (via CNBC)

  • "We anticipate 25 [basis] point rate cuts at each of the September, October, December, and January policy meetings"
On the trade war:
  • "If the conflict picks up, the U.S. risks zero rates and a mild recession"
  • expect economic growth to fall to below 1.5% by mid-2020, assuming the trade tensions between the U.S. and China ease or maintain the status quo
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Four cuts would make the Prez happy!
But … nah. 


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