Research Detail
| 2024/09/13 / Erste Group Research |
US Fed begins to cut interest rates Next week, the FOMC, the body of the US Fed that decides on monetary policy, will meet. A rate cut is almost certain, most likely by 25bp. The inflation data for August showed a slight increase in monthly price momentum for services. However, the figure was still lower than the inflation rates in this area up to March of this year, thus confirming the overall slowdown in price momentum. The ‘dot plot’, the quarterly survey among the relevant FOMC meeting participants, will provide the market with important information on the FOMC's further course of action. The focus will be on the expected interest rate development. Although the survey is in no way binding, it is an important guide for the market. |
 Download PDF (182kB)
|
General information
| Author | Erste Group Research |
| Date | 2024/09/13 |
| Language |  |
| Product name | Week ahead |
| Topic in focus | Macro/ Fixed income |
| Economy in focus | Eurozone, United States |
| Currency in focus | Euro, US Dollar |
| Sector in focus | - |
| Download |
