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Deutsche Bank raises US inflation forecast, expects Fed to hike 50 basis points in total by 2026

2026-06-21 05:02

Odaily Planet Daily News: Deutsche Bank has raised its US inflation forecast and fully revised its assessment of Federal Reserve policy, predicting that the Fed will hike interest rates by a total of 50 basis points in 2026, bringing the rate to 4.1%, and may deliver an earlier rate hike as soon as July.