Positive macroeconomic statistics from the United States | 20 Junio 2023

USDJPY trading plan:

The New York Fed’s in-house economic forecasting model is predicting a notably brighter economic future for the U.S. relative to three months ago. The model, which the bank stresses is not an official projection of the bank but a tool for policymakers to use, now sees U.S. growth rising by 1% this year, up from a 0.2% projection in March. The model also sees slightly higher inflation, with the core personal consumption expenditures price index - it’s stripped of food and energy factors — rising by 3.7% this year versus 3.5% in the last set of projections. Hitting 2% inflation, the Fed’s goal, is projected to happen by the close of 2025.

Investment idea: buy 141.66 and take profit 142.20.