Crypto Currency Tracker logo Crypto Currency Tracker logo
The Daily Hodl 2023-06-22 00:04:48

Deutsche Bank Warns US Recession Imminent, Says Avoiding a Hard Landing Is Next to Impossible: Report

The US appears headed for a hard landing and a recession, according to the chief economist at one of Europe’s biggest banks. Deutsche Bank’s David Folkerts-Landau says a recession is the highly likely cost of the Federal Reserve’s rapid sequence of interest rate hikes, even if it achieves the desired outcome of lower inflation, reports The post Deutsche Bank Warns US Recession Imminent, Says Avoiding a Hard Landing Is Next to Impossible: Report appeared first on The Daily Hodl .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.