55 minutes is a legal connection, and you should normally make it - especially as you are flying non-Schengen to non-Schengen which means there will be no passport control to worry about.

However, although legal it IS tight, and if your inbound flight is late you could end up missing your connection. If there are lots of delayed passengers they may hold the flight. If you are the only one they almost definitely won't, though they may leave the door open until the last possible moment.

Will your baggage make it? Maybe. Maybe not. It's always a gamble.

PS - just re-read your post. They will transfer your baggage, so all you have to do is grab your carry-on and run.