Look for:

Our offer for

Markets by Region

2022/09/23 / Erste Group Research
Week Ahead

Right-wing parties likely to inherit Mario Draghi's government

Italy's citizens will decide on the future composition of both chambers of the parliament in this Sunday's (September 25) election. Based on current polls, it is highly likely that the right-wing parties will win the election. From a political perspective, this would mean a 180-degree turn to Mario Draghi.

Next week, a flash estimate for Eurozone inflation in September (September 30) will be released. We expect inflation to remain at a high level in September.

This week, as expected, the Federal Reserve raised its key interest rates by 75 basis points (bp). In addition, there were also the results of the latest survey of members of the interest rate-setting body FOMC on expectations for the main macro indicators. Compared to June, respondents significantly revised upward their expectations for the level of policy rates during the coming years. In our view, the FOMC members' interest rate path carries the risk of overshooting.

PDF Download Download PDF (218kB)

General information

AuthorErste Group Research
Date2022/09/23
Product typeweekly / bi-weekly
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Languageen
Market cap-
AvailabilityAll [1]
Download




Decline
Accept

We use cookies and web analysis software to give you the best possible experience on our website. If you consent, these tools will be used. Please read more information here

INFORMATION FOR PRIVATE CLIENTS / CONSUMERS

Any information, material and services regarding financial instruments and securities provided by Česká spořitelna/Erste Group/ or any of its affiliates (collectively “Erste Group“) on this and any linked website hereafter (jointly the “Websites“) shall be exclusively to investors who are not subject to any legal sale or purchase restrictions.

By agreeing to this hereto, the visitor entering this Websites confirms that has read, understood and accepted this Information and the Disclaimer