Deutsche Bank ожидает скорого, Более серьезная рецессия в США, поскольку ФРС идет по «агрессивному пути»

Deutsche Bank обновил свой прогноз по рецессии. The bank’s economists now see “an earlier and somewhat more severe recession” than previously predicted. “The Fed has undertaken a more aggressive hiking path, financial conditions have tightened sharply and economic data are beginning to show clear signs of slowing,” said the economists.

Deutsche Bank’s Recession Forecast

Deutsche Bank’s chief U.S. экономист, Matt Luzzetti, explained in a note to clients Friday that a recession will come sooner and it will be more severe than previously predicted, Yahoo Finance сообщил.

Банк сказал in April that the U.S.economy will be in a “major” recession by the end of next year.

Однако, Luzzetti explained in the note: “Since that time, the Fed has undertaken a more aggressive hiking path, financial conditions have tightened sharply and economic data are beginning to show clear signs of slowing.” The Deutsche Bank economist continued:

In response to these developments, we now expect an earlier and somewhat more severe recession.

The Federal Reserve raised its benchmark interest rate by 75 basis points last week — the biggest increase since 1994.

In its semi-annual report to Congress released Friday, the Fed said: “The committee is acutely aware that high inflation imposes significant hardship, especially on those least able to meet the higher costs of essentials … The committee’s commitment to restoring price stability — which is necessary for sustaining a strong labor market — is unconditional.”

The Deutsche Bank economist noted:

A more severe tightening of financial conditions could easily pull forward recession risks to around the turn of the year, which could short-circuit the Fed’s tightening cycle.

Добавил он: “That said, higher inflation during that period would likely constrain the Fed’s ability to cut rates to counteract the downturn. On the other side, a more resilient economy in the near-term with more persistent inflation pressures would spell upside risk to our Fed view.”

Ранее в этом месяце, the World Bank warned of a global recession. “For many countries, a recession will be hard to avoid,” сказал President David Malpass.

Others who have warned of an incoming recession include Tesla CEO Илон Маск, Citigroup CEO Jane Fraser, Soros Fund CEO Dawn Fitzpatrick, The Big Short investor Майкл Берри, and Rich Dad Poor Dad author Роберт Кийосаки.

В воскресенье, U.S. Treasury Secretary Janet Yellen told ABC News, “I don’t think a recession is at all inevitable.” In addition, a survey by the Wall Street Journal showed that economists have dramatically raised the probability of recession. They now put it at 44% in the next 12 месяцы, up from 28% in April and 18% in January, the publication reported Sunday.

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Кевин Хелмс

Студент австрийского экономического факультета., Кевин нашел биткойн в 2011 и с тех пор был евангелистом. Его интересы заключаются в безопасности биткойнов, системы с открытым исходным кодом, сетевые эффекты и пересечение экономики и криптографии.

Кредиты изображений: Шаттерсток, Pixabay, Викисклад