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The raising interest rates

The raising interest rates | 04 Maret 2022

04 Maret 2022, EUR/USD

EURUSD trading plan:

Russia's invasion of Ukraine adds uncertainty to the U.S. economic outlook and may boost near-term inflation, but household savings and strong economic growth should help limit the damage, New York Federal Reserve Bank President John Williams said. "The economy is coming into this with a lot of forward momentum," Williams said during a virtual event organized by the Council for Economic Education. "It's definitely not a stagflation issue." Williams said he expects inflation to come down later this year, but remain "well above" the central bank's 2% target. Inflation should moderate as the Fed raises interest rates, fiscal policy fades, and supply shortages are resolved.

Investment idea: sell 1.1055 and take profit 1.1000.

David Johnson
Analyst of «FreshForex» company
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