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Deutsche Bank adds January rate hike, expects Fed rates at 4.50%-4.75% by March 2027 amid persistent inflation.

10 Nov 2026, 22:31 WIB
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Bearish
Deutsche Bank adds January rate hike, expects Fed rates at 4.50%-4.75% by March 2027 amid persistent inflation.

Deutsche Bank updated its forecast to include a January interest rate hike by the Federal Reserve, following hotter-than-expected US inflation data in October. The bank now anticipates three consecutive quarter-point rate increases in December, January, and March, pushing the federal funds target range to 4.50%-4.75% by March 2027. October inflation rose 0.4%, with core inflation steady at 0.3%, signaling persistent price pressures. Meanwhile, US Bitcoin and Ether ETFs saw significant withdrawals, reflecting cautious investor sentiment amid tightening monetary policy. The Fed's final decisions will be closely watched, with the next CPI report due in December.

Deutsche Bank's forecast of three consecutive Fed rate hikes provides context for market conditions. On Pluang, 6 out of 50 major cryptocurrencies rose while 42 fell as of Nov 11, 2026 03:13 WIB. Notable movers include BAL at Rp16.297 with an 11.14% increase, EOS at Rp12.649 up 8.13%, and AAVE at Rp2.230.717 down 7.81% with 82% of orders selling.

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