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2021/07/26 / Erste Group Research

The first flash estimate of GDP growth in the second quarter should reflect a significant economic recovery. Private consumption in particular should have benefited from sustained opening steps. A first estimate is also published for July Eurozone inflation. After inflation fell slightly to 1.9% in June, we expect slightly higher readings in July. The US Federal Reserve will hold its monetary policy meeting on Wednesday, but we do not expect a decision regarding a reduction in monthly securities purchases.

General information

AuthorErste Group Research
Date2021/07/26
Languageen
Product nameVideo
Topic in focusFX, Macro/ Fixed income
Economy in focusEurozone, United States
Currency in focusEuro, US Dollar
Sector in focus-
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