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Deutsche Bank predicts the US will tumble into recession in 2023 as the Fed hikes interest rates hard
Markets. businessinsider ^ | 04/06/2022 | Harry Robertson Harry Robertson

Posted on 04/06/2022 7:15:17 PM PDT by ChicagoConservative27

Deutsche Bank has said it expects the US economy to fall into a recession in late 2023 as the Federal Reserve raises interest rates sharply, becoming the first major lender to make such a prediction.

The bank's analysts, including chief US economist Matthew Luzzetti, said the Fed has historically triggered recessions when it hikes rates to deal with strong inflation.

"A mild recession will be needed to take sufficient steam out of the economy and labor market to bring inflation back down," they wrote in a major report on the global economy, released Wednesday.

(Excerpt) Read more at markets.businessinsider.com ...


TOPICS: Constitution/Conservatism; Culture/Society; Government; News/Current Events
KEYWORDS: 2023; deutschebank; predicts; recession
I think we're already there and it's worse
1 posted on 04/06/2022 7:15:17 PM PDT by ChicagoConservative27
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To: ChicagoConservative27

Ditto that. The recession is here and it’s going to get worse with the idiot socialists ruining the country.


2 posted on 04/06/2022 7:18:22 PM PDT by MercyFlush (I don't follow the science. I follow the money. )
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To: ChicagoConservative27

Took the words out of my mouth.


3 posted on 04/06/2022 7:18:51 PM PDT by HighSierra5 (The only way you know a commie is lying is when they open their pieholes.p)
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To: ChicagoConservative27

(late 2023)

I’ll just go ahead and predict September 2022.

IOW I think they’re off by about a year.

(I think we’re already there)

Yeah if not already, not far off the way things keep changing.


4 posted on 04/06/2022 7:25:24 PM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: ChicagoConservative27

If they know what’s going to happen in the future, they should be making lots of money trading futures.
But in fact, they have had one trading disaster after another.


5 posted on 04/06/2022 7:27:02 PM PDT by proxy_user
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To: dfwgator

(historically triggered recessions)

My grandfather was one of the lucky ones.

He escaped in a balloon during the Jimmy Carter presidency.


6 posted on 04/06/2022 7:27:04 PM PDT by SaveFerris (The Lord, The Christ and The Messiah: Jesus Christ of Nazareth - http://www.BiblicalJesusChrist.Com/)
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To: All

How will they distract us from the terrible economy?


7 posted on 04/06/2022 7:27:26 PM PDT by escapefromboston (Free Chauvin)
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To: ChicagoConservative27
It will not take to 2023 and it will be worse than just a recession. On top of that there is the food production crisis that is coming.

Biden and his handlers are setting the planet up for a Great Depression and Dust Bowl all at once. November can not come soon enough.

8 posted on 04/06/2022 7:27:46 PM PDT by Widget Jr
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To: ChicagoConservative27

Yup


9 posted on 04/06/2022 7:29:44 PM PDT by Secret Agent Man (Gone Galt; not averse to Going Bronson.)
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To: escapefromboston

Food shortages, is my guess. To be followed govt. stepping in to distribute the food equitably.


10 posted on 04/06/2022 7:40:15 PM PDT by Ken H (Trump won.)
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To: ChicagoConservative27

The fed only hiked 1/4% last time. I bet they continue 1/4% rate hikes every month. Depending on what’s going on with the economy.

I doubt they get super agressive and do a 1/2% rate hike. Too many other things going on in the economy. The oil price surge will likely cause a recession even if the Fed does nothing.

And they know this.


11 posted on 04/06/2022 7:42:46 PM PDT by DannyTN
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To: ChicagoConservative27

The fed only hiked 1/4% last time. I bet they continue 1/4% rate hikes every month. Depending on what’s going on with the economy.

I doubt they get super agressive and do a 1/2% rate hike. Too many other things going on in the economy. The oil price surge will likely cause a recession even if the Fed does nothing.

And they know this.


12 posted on 04/06/2022 7:42:46 PM PDT by DannyTN
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To: escapefromboston
How will they distract us from the terrible economy?

If the spiraling crime rates don’t do it, how about a massive invasion from the south? If that doesn’t do it, WWIII will.

13 posted on 04/06/2022 7:51:42 PM PDT by thegagline (Sic semper tyrannis )
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To: ChicagoConservative27

Deutsche Bank may want to spend a few more cycles worrying about it’s own economy powered by zero energy.


14 posted on 04/06/2022 7:59:41 PM PDT by samadams2000 (Get your houses in order.)
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To: ChicagoConservative27; All

I hope that the MAGA Republican candidates that Trump is now endorsing are already working with Trump on a way to reverse the damage that desperate Democrats are allegedly trying to inflict on the economy. After all, it wouldn’t be surprising if Democrats are planning to blame the economy that they killed on the new Republican-controlled Congress in 2023 so they can keep Oval Office and win back Congress in 2024.

Corrections, insights welcome.

Patriots are reminded that they must vote twice this election year. Your first vote is to primary career RINO incumbents. Your second vote is to replace outgoing Democrats and RINOs with Trump-endorsed patriot candidates.

Again, insights welcome.


15 posted on 04/06/2022 8:11:32 PM PDT by Amendment10
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To: SaveFerris

“We of course, have conquered inflation!”

https://youtu.be/Oay75ruvSJg?t=255


16 posted on 04/06/2022 9:13:11 PM PDT by dfwgator (Endut! Hoch Hech!)
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