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AAVE $62.84 -1.05%
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XLM $0.2018 -1.90%
ZEC $431.50 +9.37%

Deutsche Bank predicts that the Federal Reserve will cut interest rates 6 times by September next year, which may trigger market volatility

2024-09-11 17:18:01
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ChainCatcher news, Stefanie Holtze-Jen, the Chief Investment Officer for the Asia-Pacific region at Deutsche Bank's Private Banking division in Singapore, stated that the Federal Reserve may begin its rate-cutting cycle next week, expecting a total of 6 rate cuts over the year ending in September 2025, which is fewer than the approximately 9 times priced in by traders. Additionally, this European lending institution warned that mispricing of the Federal Reserve's rate-cutting outlook could trigger a round of market volatility. (Jin Shi)

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