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The Fed will slash rates by 200 basis points by mid-2024 after staying hawkish in the short term, Deutsche Bank says

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The Fed will slash rates by 200 basis points by mid-2024 after staying hawkish in the short term, Deutsche Bank says

The first Fed rate cut will be 50 basis points in December 2023, followed by 150 basis points of cuts into 2024, the note said.

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The Fed will slash rates by 200 basis points by mid-2024 after staying hawkish in the short term, Deutsche Bank says

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The Fed will slash rates by 200 basis points by mid-2024 after staying hawkish in the short term, Deutsche Bank says

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