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2022/08/12 / Erste Group Research

Markets look to US inflation

While US inflation does not trigger any particular interest among European consumers, it is the decisive indicator for global capital markets. This is because the further course of the US Fed, and thus the development of interest rates in the US, depends on the inflation trend. The great importance of US inflation was confirmed again this week. The inflation rate for July came in below market expectations and triggered significant price rises on the stock markets, as this mitigated the upside risks for interest rates.


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General information

AuthorErste Group Research
Date2022/08/12
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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