Deutsche Bank: Increasing Fed Concern Over Market Stability

With the US Federal Reserve apparently concerned that they might be forced to react too quickly if the economy starts "getting overly frothy,” a Deutsche Bank report looks at increasingly hawkish comments by Fed speakers and thinks Fed Chair Janet Yellen is not likely to stoke fear in Jackson Hole. The report points to a consistent pattern of Fed speak that points to a new rate hike rational: market stability.

Deutsche Bank doesn’t expect Fed Chair Yellen to say much in Jackson Hole

Dominic Konstam and his Deutsche Bank team writing the August 19 US Fixed Income Weekly report note “misgivings on the Fed.”

“Some Fed officials appear to...