DEUTSCHE BANK NOW EXPECTS THREE CONSECUTIVE FED RATE HIKES Deutsche Bank added a January rate hike to its forecast after October's hotter-than-expected CPI report. The bank now expects 25bps hikes in December, January and March, taking the Fed's target range to 4.50–4.75%. Analysts say a 50bps December hike is possible, particularly after hawkish comments from Fed Governor Waller, but it remains outside their base case. Deutsche Bank also raised its neutral-rate estimate to 3.75–4.00%, signaling expectations that interest rates will stay elevated for longer.(彭博社)