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German Bank: Tariffs May Raise US Inflation, Weigh Down US Dollar
Summary: In a recent report, Michael Pfister of Deutsche Bank stated that US companies may pass on tariff costs to consumers, intensifying economic concerns and causing the US dollar to weaken. Higher inflation pressure may force consumers to reduce spending, further deepening worries about the real economy. Deutsche Bank predicts that the Euro to US Dollar ...
In a recent report, Michael Pfister of Deutsche Bank stated that US companies may pass on tariff costs to consumers, intensifying economic concerns and causing the US dollar to weaken. Higher inflation pressure may force consumers to reduce spending, further deepening worries about the real economy. Deutsche Bank predicts that the Euro to US Dollar (EUR/USD) will steadily rise until the end of 2026.