US Economic Perspectives

Deutsche Bank's analysis indicates that US underlying inflation remains sticky and above the Fed's 2% target. Consequently, while a rate hold remains the baseline, the risk of future rate hikes has increased.

Key Takeaways

• 1.Underlying inflation persists well above the Fed's 2% target, with disinflation progress stalling.
• 2.While the baseline is for the Fed to remain on hold, risks of rate hikes have increased.

Table of Contents

• US Economic Perspectives
• Appendix 1
• Additional Information