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Deutsche Bank WM: Be wary of complacency over US rate hike

Excessive complacency about when the Fed’s first rate hike will materialise could cost those investors who continue to support the ongoing rally in equities and bonds, alongside a weaker dollar, according to Deutsche Bank Wealth Management, which expects the American central bank to make its first move this December. Markets too complacent about rate hike? December expected to be first hike…

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