The Fed’s 2% target | 05 Mei 2022

05 Mei 2022, GBP/USD

GBPUSD trading plan:

Futures on the federal funds rate have priced in a roughly 70% chance of another half a percentage-point tightening at next month's meeting after the Federal Reserve lifted the rate by the same magnitude on Wednesday. The Fed said it would begin trimming its bond holdings next month as a further step in the battle to lower inflation. The need for speed on rate hikes comes as the central bank is desperate to restore price stability at a time when inflation continues to run well above the Fed’s 2% target. Rates futures have also factored in more than 200 basis points of tightening in 2022, with an implied fed funds rate of 2.9%.

Investment idea: sell 1.2580 and take profit 1.2521.

David Johnson
Analyst of «FreshForex» company
Setuju dengan review?
opini pedagang:
Close
Masuk
Browser Anda tidak mendukung kue. Jika cookie dinonaktifkan di browser Internet Anda, Anda mungkin memiliki masalah dengan render daerah Pribadi. Cara mengaktifkan dukungan cookie.