Deutsche Bank questions Bessenet's interest rate cut view, stating it contradicts the Federal Reserve's model

ChainCatcher news, according to Jinshi reports, Deutsche Bank interest rate strategists stated that U.S. Treasury Secretary Basant's view that the Federal Reserve's rates are more than one percentage point above the model-appropriate level is incorrect. The Deutsche Bank strategist team pointed out that the Federal Reserve's monetary policy report does not explicitly indicate a rate cut, and the current federal funds rate is between 4% and 4.65%, with a 25 basis point rate cut "possibly being reasonable."