Deutsche Bank AG recently expects that the Federal Reserve will announce the end of quantitative tightening next week, rather than in December

Deutsche Bank AG strategists wrote in a report on Friday that they currently expect the Federal Reserve to announce the halt of balance sheet reduction at next week's policy meeting, rather than at the December meeting, to avoid a "serious blow" to its policy credibility after repurchase rates unexpectedly remained high this week. The bank's strategists stated on October 16 that they expect the Federal Reserve to announce the end of quantitative tightening at the December meeting and complete the balance sheet reduction in January next year