News list for " dws"
Ulrik Carstens, economist at DWS, the German asset manager, said in a note that the ECB could cut its deposit rate by 25 basis points to 3.00 per cent on Thursday, rather than opt for a bigger 50 basis point cut. The outlook for the eurozone economy has deteriorated and the outlook for inflation has improved more than expected, though not enough for the central bank to cut rates sharply. Money markets now see an 87 per cent chance of a 25 basis point cut and a 13 per cent chance of a 50 basis po...
Björn Jesch, global chief investment officer at DWS, said that despite the recent market turmoil, the Federal Reserve is likely to continue its expected policy path. He said in a note that a panic-driven response from the Fed is unlikely, and he expects the central bank to try to avoid signalling a major shift in policy, such as a 50 basis point rate cut or an emergency rate cut between meetings. He expects the Fed to stick to a gradual easing approach, starting in September...
Stefan Hoops, CEO of asset management firm DWS, said on July 11 that the company plans to launch its first regulated euro stablecoin in 2025 under a new joint venture called AllUnity. Stefan Hoops said that the stablecoin will be fully regulated by the German financial regulator BaFin. He added that the company expects cryptocurrency investors to create early demand for stablecoins and believes that interest in the token will also grow from other groups over time.
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