Economy / Finance

Deutsche Bank Forecasts ‘Major Recession’ to Begin Late Next Year

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Deutsche Bank has cautioned that a “major recession” is on the horizon in a note to clients on Tuesday.

The Frankfurt-headquartered bank issued the stark warning in a report titled “Why the coming recession will be worse than expected,” in which it noted that the Federal Reserve must act more quickly and aggressively to prevent long-term damage to the economy.

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Douglas Murray: The Assault on the West’s History, Culture, and Philosophical Traditions | CLIP

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