Inflation victory 'some way away', says Deutsche Bank
Portfolio Pulse from
Deutsche Bank analysts commented on the recent inflation data, which showed a 2.6% year-on-year increase in consumer prices for November. They believe this will support the Monetary Policy Committee's approach of patience and gradualism.
December 18, 2024 | 12:00 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Deutsche Bank analysts view the 2.6% inflation increase as supporting the MPC's patient approach, indicating a cautious economic outlook.
Deutsche Bank's analysis of the inflation data suggests a cautious economic outlook, aligning with the MPC's strategy. This indicates a neutral short-term impact on DB's stock as the bank's stance is consistent with broader economic expectations.
CONFIDENCE 90
IMPORTANCE 50
RELEVANCE 50