CHINA TRADE EASING DOESN'T MEAN A QUICK FED CUT: DEUTSCHE BANK A big drop in U.S.-China trade barriers lessens the prospects of a serious inflationary supply crunch. Even so, inflation remains stubborn enough that the Fed probably still won't be in a rush to cut interest rates, economists at Deutsche Bank write. Despite the trade war's easing, "policies are likely to keep inflation at uncomfortably high levels for the Fed," Deutsche's team suggests. "This announcement therefore reinforces our view that the Fed is going to be slow to cut rates this year." Deutsche's baseline assumption is that the Fed's next rate cut won't come before December