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2021/01/22 / Erste Group Research

US Federal Reserve discusses outlook

At next week's meeting of the FOMC, which decides on monetary policy, the focus of the discussion will be on developments since the last meeting in mid-December. Any change in monetary policy is as good as ruled out.

France and Spain reacted differently to the increase in COVID-19 infections in 4Q20. While France ordered a nationwide hard lockdown, Spain managed to get the infection under control with regionally differentiated measures. Against this backdrop, the first GDP growth estimates 2020 for both countries, which will be published next week, are in focus.

With the inauguration of the new US president this week, the phase of implementing his program begins after the announcements. This will probably require haste.

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General information

AuthorErste Group Research
Date2021/01/22
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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