The Fed planned to address inflation | 12 tháng Giêng 2022

12 tháng Giêng 2022, EUR/USD

The Fed planned to address inflation

EURUSD trading plan:

The Fed chief said the central bank was determined to ensure that high inflation did not become "entrenched," and that far from diminishing job growth, a turn to higher policy interest rates and a runoff of its asset holdings was necessary to keep the current economic expansion underway. "Inflation is running very far above target. The economy no longer needs or wants the very accommodative policies we have had in place," Powell said in his testimony. Yet with the Fed's benchmark overnight interest rate near zero and nearly $9 trillion in assets on its books, "it is a long road" to anything close to restrictive policy, Powell said. In the meantime, Fed actions "should not have negative effects on the employment market," he added.

Investment idea: sell 1.1389 and take profit 1.1332.

David Johnson
Analyst of «FreshForex» company
Đồng ý với đánh giá?
Ý kiến ​​của thương nhân:
Close
Đăng nhập
Trình duyệt của bạn không hỗ trợ cookie Nếu cookie đã bị vô hiệu trong trình duyệt Internet của bạn, bạn có thể gặp vấn đề với việc hiển thị Khu vực cá nhân. Cách bật hỗ trợ cookie .
manager photo manager photo
Online-support
Chúng tôi sẽ vui lòng trả lời bất kỳ câu hỏi nào bạn có thể có

Viết

Get bonus