Is the Worst Over for the U.S. Economy? Deutsche Bank Says Yes!
- 3 months ago
On Monday, Deutsche Bank reportedly said it no longer expects a recession in the U.S. in FY24.
The bank is bullish, given the cooling inflation and the labor market returning to a “better balance” without a significant rise in unemployment, said Reuters.
Deutsche Bank earlier expected the economy to enter a mild recession this year as the Federal Reserve tightened interest rates to tackle inflation.
The bank is bullish, given the cooling inflation and the labor market returning to a “better balance” without a significant rise in unemployment, said Reuters.
Deutsche Bank earlier expected the economy to enter a mild recession this year as the Federal Reserve tightened interest rates to tackle inflation.