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Deutsche Bank: U.S. recession still the most likel

2023-09-07

Aihucha News, September 7: Deutsche Bank analysts said in a report that the possibility of a U.S. economic recession is still high. They believe that there is great uncertainty in interest rates when it comes to achieving economic growth without triggering inflation, so it is difficult for the Fed to get it "completely right." Because of this, they argue, the Fed is more likely to err on the side of over-tightening. In this case, a soft landing would be a "lucky" situation. "Getting inflation back to target will still likely require the Fed to push demand below potential," analysts said.

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