Deutsche Bank: US CPI data will confirm Federal Reserve's wait-and-see stance
2025-06-11 07:54:05
Rainer Guntermann, a researcher at Commerzbank, said in a note that Wednesday's US inflation data should confirm the Fed's wait-and-see stance, according to Gold Ten Data. "These data will reinforce the Fed's wait-and-see stance ahead of next week's policy decision, as the impact of higher tariffs remains limited for now," Guntermann said. According to LSEG data, money markets fully priced in the Fed leaving interest rates unchanged on June 18. They also expect a more than 50% chance of a rate cut in September.
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