The US Federal Reserve has hiked interest rates 10 times consecutively since March 2022 to tame inflation. This is on record one of US central bank’s most aggressive rate-hike cycles in recent history
Deutsche Bank's top researchers also said they expect a coming recession to be "milder" but inevitable, as core inflation remains too high for comfort.
The easy money policies of the Federal Reserve have created a "boom-bust cycle" that will ultimately end in a recession, according to the investment bank.