A major recession is coming, Deutsche Bank warns

Newsweek

Center

Mixed Factuality

Media Conglomerate: IBT Media

Are we heading for a recession? Why Deutsche Bank is pessimistic

The German financial powerhouse has suggested the Fed could raise interest rates sharply as it attempts to battle inflation.

Bloomberg

Lean Left

Mixed Factuality

Individual: Michael Bloomberg

Private Equity: The Vanguard Group

A major recession is coming, Deutsche Bank warns

Business Insider

Lean Left

Mixed Factuality

Private Equity: Kohlberg Kravis Roberts

The Fed will plunge the US into a major recession by hiking rates above 5%, Deutsche Bank predicts

"The risks to this outlook seem clearly skewed to the downside — for a more severe recession," Deutsche Bank's economists said.

Bloomberg Quint

Individual: Michael Bloomberg

Private Equity: The Vanguard Group

Deutsche Bank Sees 5%-6% Fed Target Rate and Deep U.S. Recession

(Bloomberg) -- The Federal Reserve is likely to need to engage in the most aggressive monetary tightening since the 1980s to tamp down an inflation rate at a four-decade high, which will lead to a deep U.S. recession next year, Deutsche Bank AG economists warned.Continue Reading. Read more on Global Economics by BloombergQuint.

Political Wire

Center

High Factuality

Independent: Goddard Media LLC

Deutsche Bank Now Predicts ‘Major Recession’

Deutsche Bank is now forecasting "a major recession," CNN reports."The problem, according to the bank, is that while inflation may be peaking, it will take a 'long time' before it gets back down to the Fed’s goal of 2%. That suggests the central bank will raise interest rates so aggressively t