The Fed more hawkish turn | 20 Diciembre 2021

GBPUSD trading plan:

Federal Reserve officials are focused on bringing inflation down to their 2% goal and ending the taper by March will give them greater "optionality" next year to raise interest rates if needed, New York Fed Bank President John Williams said. "It's really about getting our monetary policy stance in a good position and also obviously creating the optionality at some point next year, likely, to actually start raising the federal funds target range," he said. Williams said he expects further labor market gains and sees the U.S. unemployment rate dropping to 3.5% by the end of 2022. He forecasts that growth will be "well above trend" next year and expects inflation will come down but still be above the Fed's 2% target.

Investment idea: sell 1.3278 and take profit 1.3188.