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2021/07/23 / Erste Group Research

When will the US Fed decide on tapering?

Next week, the US Federal Reserve committee that decides on monetary policy will meet. A decision on tapering - that is, on reducing monthly securities purchases - is possible, but unlikely.

A first flash estimate of Euro Area inflation for July will also be published on July 30. We expect a slight increase.

In addition, a first flash estimate of GDP growth in the Eurozone will be published next week. After a slight decline in the first quarter, we expect GDP growth in the second quarter to be between 0.8% and 1.5% q/q.

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General information

AuthorErste Group Research
Date2021/07/23
Languageen
Product nameWeek ahead
Topic in focusMacro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-
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