A significant reduction in U.S.-China trade barriers may ease the risk of a severe supply-driven inflation shock. However, Deutsche Bank economists caution that inflation remains persistent enough to keep the Federal Reserve from rushing into rate cuts.
While the trade war is de-escalating, "policies are likely to keep inflation at uncomfortably high levels for the Fed," the analysts note.
Deutsche continues to expect the Fed’s first rate cut to come no earlier than December.
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Earlier:
Goldman Sachs expect a Federal Reserve rate cut now in December, instead of in JulyICYMI - Citi forecasts a July Federal Reserve rate cut instead of in June This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about deutsche sees first fed cut in december despite trade relief was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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