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Deutsche Bank: Expects the Federal Reserve to Raise Interest Rates Three Times in a Row.
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According to ChainCatcher, following higher-than-expected October CPI data, Deutsche Bank has included a January rate hike in its forecast. Currently, the bank expects the Federal Reserve to raise rates by 25 basis points each in December, January, and March, bringing the target range for the federal funds rate to 4.50% to 4.75%. Analysts say that considering recent hawkish comments from Fed Governor Waller, a 50 basis point hike in December is …
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