A major recession is coming, Deutsche Bank warns

A major recession is coming, Deutsche Bank warns

Are we heading for a recession? Why Deutsche Bank is pessimistic

The German financial powerhouse has suggested the Fed could raise interest rates sharply as it attempts to battle inflation.

Deutsche Bank Now Predicts ‘Major Recession’

Deutsche Bank is now forecasting "a major recession," CNN reports."The problem, according to the bank, is that while inflation may be peaking, it will take a 'long time' before it gets back down to the Fed’s goal of 2%. That suggests the central bank will raise interest rates so aggressively t

The Fed will plunge the US into a major recession by hiking rates above 5%, Deutsche Bank predicts

"The risks to this outlook seem clearly skewed to the downside — for a more severe recession," Deutsche Bank's economists said.

Recession coming to the US, major bank warns - but will Australia follow?

Deutsche Bank warns of deep recession

Deutsche Bank warns of a deeper recession in the US caused by the Federal Reserve's quest to address inflation.