The US appears headed for a hard landing and a recession, according to the chief economist at one of Europe’s biggest banks. Deutsche Bank’s David Folkerts-Landau says a recession is the highly likely cost of the Federal Reserve’s rapid sequence of interest rate hikes, even if it achieves the desired outcome of lower inflation, reports The post Deutsche Bank Warns US Recession Imminent, Says Avoiding a Hard Landing Is Next to Impossible: Report appeared first on The Daily Hodl .
