Fed policy is expected to drive up unemployment | 22 Noviembre 2022

22 Noviembre 2022, USD/JPY

Fed policy is expected to drive up unemployment

USDJPY trading plan:

Americans' ability to meet a large unexpected expense was little changed in the New York Federal Reserve's latest survey on credit issues, even as respondents to the poll said they might need to take on more credit in the coming months. The regional Fed bank said in its latest Credit Access Survey, which was released and details developments for this year, that respondents reported "a slight increase in the subjective financial fragility of U.S. households." Those who said they could come up with $2,000 to meet an unexpected expense ebbed slightly to 67.5% for the year, versus 68.2% who said they could do so in 2021. Fed officials are trying to boost the cost of credit to better balance demand with available levels of supply, but that is creating pressure on Americans in the form of much more expensive loans for homes and cars. Fed policy is also expected to drive up unemployment, although the job market has remained resilient so far.

Investment idea: range 141.25 -142.30.

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.
manager photo manager photo
Online-support
Nos complacerá contestar cualquier pregunta que pueda tener

Escribir

Get bonus