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GLOBAL & REGIONAL DAILY (Thursday, January 27, 2022)

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GLOBAL & REGIONAL DAILY (Thursday, January 27, 2022)

GLOBAL & REGIONAL DAILY                                

HIGHLIGHTS

January 27 2022

Global Markets

At the FOMC 25-26 January meeting, the Committee decided to proceed to a rate hike in Mar-22, if the conditions are appropriate and to continue to reduce the monthly pace of its net asset purchases, bringing them to an end in early Mar-22.

Greece

According to the latest forecast by the Center for Planning and Economic Research (KEPE), Greece’s GDP will grow by 7% in Q1-2022 and then slow down to 3.5% in Q2-2022, bringing the H1-2022 growth rate to 5.2%.

CESEE

The Serbian Ministry of Finance sold EUR200mn in 2-year bonds at yesterday’s auction, with the sold amount doubled compared to the initial target amid strong investors’ interest. In Bulgaria, credit growth in December remained firm.

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