Is the Worst Over for the U.S. Economy? Deutsche Bank Says Yes!
Deutsche Bank (NYSE: DB) reverses recession forecast for FY24 in the U.S., citing improved economic indicators like cooling inflation and a balanced labor market. Despite revised growth projections of 1.9%, Deutsche Bank anticipates Fed rate cuts from June, aiming for a 100 basis points reduction in 2024, down from an earlier expectation of 175 bps.
