US recession will prompt 175 basis points in Fed cuts next year, DB economists say
US recession will prompt 175 basis points in Fed cuts next year, DB economists say
The Federal Reserve will cut rates more aggressively than markets are currently pricing in as a mild U.S. recession arrives in the first half of next year, economists at Deutsche Bank projected on Monday.
https://www.reuters.com/article/usa-economy-deutsche-bank/us-recession-will-prompt-175-basis-points-in-fed-cuts-next-year-db-economists-say-idUSKBN32M1KJ
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