DB: The Fed Has Done Enough!

One mega-bank believes that policy normalization performed by the Fed should now slow

"The Fed has probably done enough on normalization for now and should take a well-earned break! The fact that they won’t yet, informs our strategy: stick with the risk off." -- DB analyst Dominic Konstam.

The US Federal Reserve's efforts to normalize monetary policy have gone far enough, and the central bank should now take a holiday as markets cool . . .

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