|2023/01/27 / Erste Group Research|
EZB und US Fed entscheiden über die Zinsen
Nächste Woche tagt der EZB-Rat und wird mit hoher Wahrscheinlichkeit die nächste Zinserhöhung um 50 Basispunkte beschließen. Spannender wird sein, welchen Ausblick die EZB für die weitere Vorgangsweise gibt.
Schnellschätzungen zur Inflation und zum BIP der Eurozone werden veröffentlicht. Aufgrund der sinkenden Dynamik von Energiepreisen erwarten wir für Jänner einen weiteren leichten Rückgang der Inflation. Für das BIP gehen wir im vierten Quartal 2022 von einer Stagnation oder einem leichten Rückgang aus.
Auch in den USA sollten die Zinsen weiter steigen. Gegenüber Dezember erwarten wir diesmal eine geringere Anhebung um 25 Basispunkte. Am Ausblick, den das FOMC und Fed-Vorsitzender Powell den Märkten geben werden, sollte sich nicht viel ändern.
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|Author||Erste Group Research|
|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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