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When the Fed should start raising interest rates?

When the Fed should start raising interest rates? | 24 Junio 2021

24 Junio 2021, USD/JPY

When the Fed should start raising interest rates?

USDJPY trading plan:

A period of high inflation in the United States may last longer than anticipated, two U.S. Federal Reserve officials said, prompting one to pull forward his views on when the central bank should start raising interest rates. Atlanta Fed president Raphael Bostic said with growth surging to an estimated 7% this year and inflation well above the Fed's 2% target, he now expects interest rates will need to rise in late 2022. That marked a decisive shift from the end of 2020, when 12 Fed policymakers felt crisis-levels of interest rates would need to remain in place into 2024.

Investment idea: buy 110.69 and take profit 111.14.

David Johnson
Analyst of «FreshForex» company
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