New Federal Reserve Forecasts | 17 Junio 2021

EURUSD trading plan:

The Federal Reserve brought forward its projections for the first post-pandemic interest rate hikes into 2023, citing an improved health situation and dropping a longstanding reference that the crisis was weighing on the economy. New projections saw a majority of 11 of 18 U.S. central bank officials pencil in at least two quarter-percentage-point rate increases for 2023. «Progress on vaccinations has reduced the spread of COVID-19 in the United States» the Fed said in a statement after its latest policy meeting. The projections showed the outlook for inflation jumping this year, though the price increases were still described as «transitory». Overall economic growth is expected to hit 7%.

Investment idea: range 1.1930 -1.2030.