BlockBeats news: On November 11, following the higher-than-expected October CPI data, Deutsche Bank has incorporated a January rate hike into its forecast. The bank now expects the Federal Reserve to raise rates by 25 basis points in December, January, and March, bringing the target range for the federal funds rate to 4.50% to 4.75%.
Analysts noted that a 50-basis-point rate hike in December remains a possibility given recent hawkish comments from Fed Governor Waller, though this is still not part of the bank’s baseline forecast. Additionally, Deutsche Bank raised its neutral rate forecast to 3.75%–4.00%, indicating it expects interest rates to remain elevated for an extended period.



