Research Detail
| 2024/07/26 / Erste Group Research |
US Fed on path to cut The FOMC, the body of the US Federal Reserve that decides on monetary policy, meets next week. It is all but certain that key interest rates will remain unchanged. However, the markets should receive indications of an imminent interest rate cut in September. In addition, the inflation rate for July and GDP growth for the second quarter will be published for the eurozone. The development of service prices will be decisive for the inflation rate in July. We expect a slight slowdown or at least no change in momentum, which should also cause overall inflation to fall slightly. For GDP, we expect the economy to have slowed. |
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General information
| Author | Erste Group Research |
| Date | 2024/07/26 |
| 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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