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2021/12/10 / Erste Group Research

ECB and US Fed decide

Next week, the ECB Governing Council will meet and important decisions on future monetary policy will be made. It seems almost certain that the PEPP purchase program will end in March. It is more difficult to assess what the ECB Governing Council will decide for the second purchase program, APP, after March.

One day before the ECB, the FOMC, the US Federal Reserve's body that decides on monetary policy, meets. It is certain that a decision will be made on the further level of securities purchases, i.e. how quickly the monthly purchases will be scaled back.

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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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