Deutsche Bank: Fed Should Make a 'Big Cut' to Interest Rates
CryptoNewsTerminal Staff09 Sep, 2024
Deutsche Bank: Fed Should Make a 'Big Cut' to Interest Rates
Deutsche Bank strategist Jim Reid has emphasized the need for a "big cut" in interest rates by the Federal Reserve. He highlights the historical trend of employment remaining depressed once it worsens. Reid analyzed that "the market is pricing in a decline of over 250 basis points in the policy rate by January 2026." ```
