The Fed to await «substantial further progress» | 17 Junio 2021

17 Junio 2021, USD/JPY

The Fed to await «substantial further progress»

USDJPY trading plan:

The Fed reiterated its promise to await «substantial further progress» before beginning to shift to policies less tuned to the pandemic and more to a fully open economy. The new language does not mean a change in policy is imminent: The Fed on Wednesday held its benchmark short-term interest rate near zero and said it will continue to buy $120 billion in bonds each month to fuel the economic recovery. But new economic and interest rate projections appeared to add some urgency to the Fed's planning. Policymakers at the median now see the first rate increase coming in 2023 instead of 2024.

Investment idea: range 110.10 -110.85.

David Johnson
Analyst of «FreshForex» company
¿De acuerdo con la revisión?
Opinión de los comerciantes:
Close
Iniciar sesión
Su navegador no admite cookies. Si la cookie está desactivada en su navegador de Internet, es posible que tenga problemas con la representación del área Personal. Cómo habilitar el soporte para cookies.