The Fed will wait until 2023 before raising interest rates | 20 اكتوبر 2021

EURUSD trading plan:

The Federal Reserve will wait until 2023 before raising interest rates, according to a majority of economists polled. While half the members of the U.S. central bank's policy-setting committee projected last month that the Fed would raise its benchmark overnight lending rate - federal funds rate - next year, most economists surveyed were more cautious. Forty of 67 economists said the fed funds rate would rise from its current level of 0-0.25% in 2023 or later, with most clustering around the first quarter of that year. The remaining 27 economists expect a rate hike by the end of next year. This is a negative signal for the dollar.

Investment idea: buy 1.1615 and take profit 1.1677.