The bank said it had now increased its U.S. terminal rate
forecast to 5.6% from 5.1%, with two extra 25 basis point rate
hikes anticipated in June and July.
Data on Tuesday showed U.S consumer prices accelerated in
January, pushing two year Treasury yields to their highest since
November as investors braced for inflation proving stickier than
hoped.
(Reporting by Dhara Ranasinghe; editing by Sam Indyk)
LONDON, Feb 15 (Reuters) - Deutsche Bank has raised its
forecasts for where U.S. interest rates will end up, as latest
inflation numbers suggested the Federal Reserve would need to
tighten monetary policy further.
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