Deutsche Bank Sees No Fed Rate Cut in 2026, Cites Oil-Driven Inflation and Tight Labour Market
Deutsche Bank now expects the U.S. Federal Reserve to leave interest rates unchanged through 2026, pointing to oil-related inflationary pressures tied to the Middle East conflict, persistent economic growth and a still-tight labour market. The bank had previously forecast a 25-basis-point cut in September but says rate reductions would require soft…