Fed will trigger deep US recession by hiking rates above 5%: Deutsche - Markets Insider

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

The Federal Reserve will plunge the US economy into a major recession before the end of 2023 by hiking interest rates to between 5% and 6%, Deutsche Bank has predicted. The lender's economists, … [+2066 chars]

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