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Deutsche Bank joins the 100bps Fed cut crowd....>

FED
FED: Deutsche Bank joins the 100bps Fed cut crowd (which is currently thin but
sure to change) ... "With the further deterioration in this backdrop over the
past few days, we now expect that the Fed will cut rates by 100bps by the March
meeting, bringing the fed funds rate directly to the zero bound. Given recent
market volatility, action before the meeting cannot be ruled out, and may be
coupled with an announcement related to other tools including balance sheet
expansion."

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