Deutsche bank forecasts aggressive fed rate cuts in 2024
Edited By WION Video Desk
Published: Nov 28, 2023, 05:50 IST | Updated: Nov 28, 2023, 05:50 IST
Deutsche bank economists predict an aggressive move by the federal reserve, anticipating a substantial 1.75 percentage points in rate cuts for the year 2024. Currently standing at 5.25%-5.5%, this projection would bring the fed rate down to 3.5%-3.75% by the end of the year.
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