2024/07/26 / Erste Group Research |
Week Ahead |
US Fed on path to cut The FOMC, the body of the US Federal Reserve that decides on monetary policy, meets next week. It is all but certain that key interest rates will remain unchanged. However, the markets should receive indications of an imminent interest rate cut in September. In addition, the inflation rate for July and GDP growth for the second quarter will be published for the eurozone. The development of service prices will be decisive for the inflation rate in July. We expect a slight slowdown or at least no change in momentum, which should also cause overall inflation to fall slightly. For GDP, we expect the economy to have slowed. |
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Author | Erste Group Research |
Date | 2024/07/26 |
Product type | weekly / bi-weekly |
Product name | Week ahead |
Topic in focus | Macro/ Fixed income |
Language | ![]() |
Market cap | - |
Availability | All [1] |
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