Another headache for the Federal Reserve | 11 10月 2023

11 10月 2023, USD/JPY

USDJPY trading plan:

Americans had a mixed take on the outlook for inflation last month, as they downgraded their views on their personal financial situations and predicted a big cooling in the rise of college costs, according to a new survey from the Federal Reserve Bank of New York. Poll respondents believe inflation a year from now will stand at 3.7% versus the predicted 3.6% gain in August, while they see three-year ahead inflation at 3% as of September, from the prior month’s 2.8%. But even as the nearer term outlook for expected inflation deteriorated a bit, respondents to the bank’s latest Survey of Consumer Expectations projected inflation five years from now will stand at 2.8%, versus 3% in the August survey. If US inflation slows less than expected, there will be more speculation about future Fed rate hikes, which will be positive for the dollar.

Investment idea: buy 148.35 and take profit 148.89.

David Johnson
Analyst of «FreshForex» company
您浏览器禁用cookie 文件. 在此情况下, 私人空间显示不正常. 如何启动cookie 文件的支持.
manager photo manager photo


Get bonus