Deutsche Bank: Expects the Fed to raise rates three times in a row

November 11 - After October CPI data came in higher than expected, Deutsche Bank incorporated a January rate hike into its forecasts. Currently, the bank expects the Federal Reserve to raise rates by 25 basis points in December, January next year, and March, respectively, bringing the target range for the federal funds rate to 4.50% to 4.75%.

Analysts said that given recent hawkish remarks from Fed Governor Waller, a 50 basis point rate hike in December is also possible, but this remains outside the bank's base case scenario. Additionally, Deutsche Bank raised its neutral rate forecast to 3.75% to 4.00%, indicating its view that rates will remain elevated for a longer period.