Deutsche Bank: The Federal Reserve may not cut interest rates until December

ChainCatcher news, analysts at Deutsche Bank Research stated in a report that the Federal Reserve may keep the policy rate unchanged before a rate cut in December, and then further ease policy next year. "Our baseline assumption remains that the next rate cut will be in December, followed by two more cuts in the first quarter of 2026, each by 25 basis points."

Analysts noted that the easing of tensions between the U.S. and China has reduced the risk of further deterioration in the U.S. labor market, but other tariff measures could keep inflation at disturbingly high levels.