Epstein Secrets

265 Research Deutsche Bank Dec. FOMC No hike [email protected] http://houseview.research.db.com TheHouseView Special — 9 December 2015 Bloomberg, Nov 6th 2015 Hike 4 EFTA01476266 We disagree with the view that hiking is a policy mistake: the economy is strong enough to withstand higher r

conditions have eased a bit [email protected] http://houseview.research.db.com TheHouseView Special — 9 December 2015 EFTA01476290 I At NAIRU, broader slack measures also diminished 2010 Note: (*) Our distance measures follow a speech by St. Louis Fed President Jim Bullard on 17 July 20

roughly consistent with alternative projections Our downgraded global growth forecast is about in line with outside alternatives from the IMF and Bloomberg through 2017. However, this consistency masks significant regional differences. In particular, while our US growth forecasts are nearly one-half o

th pick up over the period ahead. We see the unemployment rate falling into the mid-4% area over the next couple years, putting it noticeably below NAIRU, but not by enough to effect more than a gradual pickup in wage and price inflation. We see core PCE inflation returning to near 2% two years hence

est *Prices are current as of the end of the previous trading session unless otherwise indicated and are sourced from local exchanges via Reuters, Bloomberg and other vendors . Other information is sourced from Deutsche Bank, subject companies, and other sources. For disclosures pertaining to recommend

nflation in the US has moved up over the last three months and has a fair degree of catch up to do with the decline in unemployment relative to the NAIRU and rental vacancies. The dollar up cycle should have 10% to go medium term, but speed breakers are now in place to slow the pace. The US trade-wei