The Fed more hawkish turn | 20 December 2021

20 December 2021, GBP/USD

The Fed more hawkish turn

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.

David Johnson
Analyst of «FreshForex» company
Agree with the review?
Traders' opinion:
Close
ปูมบันทึกอยู่ใน
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .