Deutsche Bank Provides a Detailed Outlook for the Current Financial Year – Earnings Target Reaffirmed

Deutsche Bank published a detailed forecast for the current year on Thursday, March 13, as part of its 2024 business report. The bank expects the global economy to grow at a similar rate as last year, with growth momentum in industrialized countries likely shaped by a continued recovery in various core regions. However, the bank points to a potential burden from higher tariffs. US tariffs could negatively affect the growth dynamics in the Eurozone, according to the report. Modest Growth in the Eurozone and Normalization of Inflation Expected ...