Fed may cut its stimulus in September, Deutsche Bank says

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Fed is likely to start unwinding its monetary easing already in September and end it completely by the end of the year, Deutsche Bank says. Earliest cut will consist of $10 billion of mortgages and $15 billion of U.S. government bonds, totaling $25 billion. The current size of bond-purchasing programme is $85 billion per month. The cut is expected only if the economy and labor market keep improving throughout the summer.

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