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This Is How Wrong The Fed Has Been…

in central banks/Rates by

It’s no secret that the Fed has been continually forced to revise lower its projections for US rates.

The market is increasingly skeptical of the Fed’s willingness and/or ability to embark on the illusive tightening cycle. Below, find two telling graphs from Deutsche Bank which show just how much (not to mention how often) the Fed has been forced to “relent”:

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(Charts: Deutsche Bank)

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