^{Original article from Business Insider by Zahra Tayeb}

• The US is facing a Fed-fueled recession that’ll hit the economy by year-end, Deutsche Bank said. 
• The nation is “on track for its first genuine policy-led boom-bust cycle in four decades,” top researches said. 
• Analysts said they expect downturn to be “milder” but inevitable, as core inflation remains too high for comfort. 

The US is on track for the first recession fueled by Federal Reserve policy in four decades, and it will hit the economy by year-end, according to Deutsche Bank. The German bank’s prediction mirrors bearish forecasts from other experts including David Rosenberg, who has said a recession has already hit the world’s largest economy but nobody’s noticed.

The US is “on track for its first genuine policy-led boom-bust cycle in four decades,” triggered by the Fed’s ultra-easy money policy during 2020-2021, Deutsche Bank’s top economists said in a research note on Monday. That unleashed “high inflation and an aggressive policy response,” Jim Reid and David Folkerts-Landau said. 

“We always thought it would take until the latter part of 2023 for this to materia…