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Research Detail

2020/02/07 / Erste Group Research

Week Ahead | Strong US labor market

The US labour market continued to develop strongly in January. However, given the historically low unemployment rate, the pace of wage growth is disappointing. Thus, no excessive upward pressure on inflation is expected in the coming months.

China and the USA will reduce tariffs on parts of their imports from next week. Thanks to this first step to lower trade barriers, world trade should return to growth in the coming months.

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General information

AuthorErste Group Research
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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