Research Detail
| 2022/12/09 / Erste Group Research |
How will ECB and US Fed decide? Next week, the ECB Governing Council will decide on the next interest rate step. The decision will be a rate hike of 50 or 75 basis points. The public statements of the members were different during the last few weeks and did not give clear indications on the amount of the coming interest rate step. One day before the ECB, the US Fed will decide on the key interest rate. Uncertainty about the outcome is much lower than at the ECB. Indications, not least from Fed Chairman Powell, point to a high probability of a further interest rate hike of 50 basis points. The outlook will be more exciting. |
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General information
| Author | Erste Group Research |
| Date | 2022/12/09 |
| 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 | - |
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