{"id":104745,"date":"2020-09-16T12:27:33","date_gmt":"2020-09-16T11:27:33","guid":{"rendered":"https:\/\/currencylive.com\/news\/?p=104745"},"modified":"2020-09-16T15:29:44","modified_gmt":"2020-09-16T14:29:44","slug":"104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead","status":"publish","type":"post","link":"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/","title":{"rendered":"Fed&#8217;s Inflation Talk Today Would Decide USD\/JPY Action Ahead"},"content":{"rendered":"<p>The average inflation targeting recently adopted by the US Federal Reserve is expected to play an essential role in today&#8217;s Federal Open Market Committee meeting and policy announcement.<\/p>\n<p>The Fed would provide its updated Summary of Economic Projections, and the chances are it would reveal expectations of lower interest rates in the days ahead. But, traders don&#8217;t expect any additional stimulus measures to be announced today apart from dovish forward guidance.<\/p>\n<p>Average inflation targeting allows the Fed to stretch its monetary policy further than the earlier phase, by allowing inflation to stay above the target rate for a time-period comparable to one in which it stayed below par.<\/p>\n<p>Such an approach warrants keeping a low-interest rate for a much longer time than earlier anticipated. The earlier Fed policies haven&#8217;t met much success in increasing the inflation rate to a target of two Percent, and the five-year inflation expectations are now near 1.54 Percent.<\/p>\n<p>Equity markets were gaining during the Asia-Pacific trading led by Australia&#8217;s ASX 200 index posting a 1.04 Percent surge supported by the most massive MoM rise in the Westpac Leading Economic Index since September 1997.<\/p>\n<p>The haven-linked Japanese Yen and the US dollar couldn&#8217;t hold against their competitors while the pro-risk Australian dollar was steady above 0.73 levels. Gold and silver were up, while 10-year US Treasury yield fell.<\/p>\n<p>US fiscal stimulus discussions are still in an impasse and coronavirus deaths have crossed 200,000.<\/p>\n<p>The shift in inflation approach will keep interest rates lower for longer and June meeting details revealed policymakers were expecting the Fed Funds rate would normalize at 2.5 Percent post-2022.<\/p>\n<p>Markets expect clarifications from the Fed today regarding the updated framework would support risk assets while dragging the US dollar down against other major currencies.<\/p>\n<div class=\"su-box su-box-style-default\" id=\"\" style=\"border-color:#000061;border-radius:3px;max-width:none\"><div class=\"su-box-title\" style=\"background-color:#071894;color:#FFFFFF;border-top-left-radius:1px;border-top-right-radius:1px\">USD Index Today - last 90 days<\/div><div class=\"su-box-content su-u-clearfix su-u-trim\" style=\"border-bottom-left-radius:1px;border-bottom-right-radius:1px\">\n<img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/6814ec07de806559012a445c188d99b0.png\" alt=\"\" width=\"800\" height=\"348\" class=\"aligncenter size-full wp-image-104787\" srcset=\"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/6814ec07de806559012a445c188d99b0.png 800w, https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/6814ec07de806559012a445c188d99b0-300x131.png 300w, https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/6814ec07de806559012a445c188d99b0-768x334.png 768w, https:\/\/currencylive.com\/news\/wp-content\/uploads\/2020\/09\/6814ec07de806559012a445c188d99b0-696x303.png 696w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/p>\n<div style=\"font-size: 75%; line-height: 1.5;\"><div class=\"su-expand su-expand-collapsed su-expand-link-style-default no-margin\" data-height=\"0\"><div class=\"su-expand-content su-u-trim\" style=\"color:#333333;max-height:0px;overflow:hidden\">Currency Index charts show the <strong>strength of a single currency<\/strong> based on a basket of foreign currencies. This is done using a weighted mean (an average) of the 5 largest routes from that source currency and their daily FX rates. You can explore <a style=\"color:#0088FF\" href=\"\/exchange-rate\/\">live exchange rates here<\/a>.<\/div><div class=\"su-expand-link su-expand-link-more\" style=\"text-align:center\"><a href=\"javascript:;\" style=\"color:#0088FF;border-color:#0088FF\"><span style=\"border-color:#0088FF\">What does this show? <\/span><\/a><\/div><div class=\"su-expand-link su-expand-link-less\" style=\"text-align:center\"><a href=\"javascript:;\" style=\"color:#0088FF;border-color:#0088FF\"><span style=\"border-color:#0088FF\">Show less<\/span><\/a><\/div><\/div><\/div>\n<\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The average inflation targeting recently adopted by the US Federal Reserve is expected to play an essential role in today&#8217;s Federal Open Market Committee meeting and policy announcement. The Fed would provide its updated Summary of Economic Projections, and the chances are it would reveal expectations of lower interest rates in the days ahead. But, [&hellip;]<\/p>\n","protected":false},"author":163946612,"featured_media":3715,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[2675,1381],"tags":[1408,1453,2044,2673,1397,2213,1398,3168],"class_list":{"0":"post-104745","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-jpy","8":"category-usd","9":"tag-fed","10":"tag-fomc","11":"tag-gold","12":"tag-jpy","13":"tag-us-dollar","14":"tag-us-inflation","15":"tag-usd","16":"tag-usd-jpy"},"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fed&#039;s Inflation Talk Today Would Decide USD\/JPY Action Ahead - Currency Live<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Stelian Olar\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\\\/\"},\"author\":{\"name\":\"Stelian Olar\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"headline\":\"Fed&#8217;s Inflation Talk Today Would Decide USD\\\/JPY Action Ahead\",\"datePublished\":\"2020-09-16T11:27:33+00:00\",\"dateModified\":\"2020-09-16T14:29:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\\\/\"},\"wordCount\":354,\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100101-gbp-eur-uk-wage-data.jpg\",\"keywords\":[\"fed\",\"FOMC\",\"gold\",\"JPY\",\"us dollar\",\"us inflation\",\"usd\",\"usd\\\/jpy\"],\"articleSection\":[\"JPY\",\"USD\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2020\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\\\/\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\\\/\",\"name\":\"Fed's Inflation Talk Today Would Decide USD\\\/JPY Action Ahead - Currency Live\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100101-gbp-eur-uk-wage-data.jpg\",\"datePublished\":\"2020-09-16T11:27:33+00:00\",\"dateModified\":\"2020-09-16T14:29:44+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/currencylive.com\\\/news\\\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\\\/#primaryimage\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100101-gbp-eur-uk-wage-data.jpg\",\"contentUrl\":\"https:\\\/\\\/currencylive.com\\\/news\\\/wp-content\\\/uploads\\\/2019\\\/08\\\/100101-gbp-eur-uk-wage-data.jpg\",\"width\":800,\"height\":405,\"caption\":\"GBP\\\/EUR Will UK Wage Data Spoil Inflation Inspired Pound Rally Versus the Euro?\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fed&#8217;s Inflation Talk Today Would Decide USD\\\/JPY Action Ahead\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/\",\"name\":\"Currency Live\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/currencylive.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/currencylive.com\\\/news\\\/#\\\/schema\\\/person\\\/c83637dd6dc82bcaadbc8b6c994d1186\",\"name\":\"Stelian Olar\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g\",\"caption\":\"Stelian Olar\"},\"url\":\"https:\\\/\\\/currencylive.com\\\/news\\\/author\\\/stelian-olar\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Fed's Inflation Talk Today Would Decide USD\/JPY Action Ahead - Currency Live","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/","twitter_misc":{"Written by":"Stelian Olar","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/#article","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/"},"author":{"name":"Stelian Olar","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/c83637dd6dc82bcaadbc8b6c994d1186"},"headline":"Fed&#8217;s Inflation Talk Today Would Decide USD\/JPY Action Ahead","datePublished":"2020-09-16T11:27:33+00:00","dateModified":"2020-09-16T14:29:44+00:00","mainEntityOfPage":{"@id":"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/"},"wordCount":354,"image":{"@id":"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100101-gbp-eur-uk-wage-data.jpg","keywords":["fed","FOMC","gold","JPY","us dollar","us inflation","usd","usd\/jpy"],"articleSection":["JPY","USD"],"inLanguage":"en-US","copyrightYear":"2020","copyrightHolder":{"@id":"https:\/\/currencylive.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/","url":"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/","name":"Fed's Inflation Talk Today Would Decide USD\/JPY Action Ahead - Currency Live","isPartOf":{"@id":"https:\/\/currencylive.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/#primaryimage"},"image":{"@id":"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/#primaryimage"},"thumbnailUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100101-gbp-eur-uk-wage-data.jpg","datePublished":"2020-09-16T11:27:33+00:00","dateModified":"2020-09-16T14:29:44+00:00","author":{"@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/c83637dd6dc82bcaadbc8b6c994d1186"},"breadcrumb":{"@id":"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/#primaryimage","url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100101-gbp-eur-uk-wage-data.jpg","contentUrl":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100101-gbp-eur-uk-wage-data.jpg","width":800,"height":405,"caption":"GBP\/EUR Will UK Wage Data Spoil Inflation Inspired Pound Rally Versus the Euro?"},{"@type":"BreadcrumbList","@id":"https:\/\/currencylive.com\/news\/104319-feds-inflation-talk-today-would-decide-usd-jpy-action-ahead\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/currencylive.com\/news\/"},{"@type":"ListItem","position":2,"name":"Fed&#8217;s Inflation Talk Today Would Decide USD\/JPY Action Ahead"}]},{"@type":"WebSite","@id":"https:\/\/currencylive.com\/news\/#website","url":"https:\/\/currencylive.com\/news\/","name":"Currency Live","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/currencylive.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/currencylive.com\/news\/#\/schema\/person\/c83637dd6dc82bcaadbc8b6c994d1186","name":"Stelian Olar","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/b49463f46121c6696c7326c39f9c0566148bfc9b5f7fcbf494e67f280fa034fc?s=96&d=blank&r=g","caption":"Stelian Olar"},"url":"https:\/\/currencylive.com\/news\/author\/stelian-olar\/"}]}},"jetpack_featured_media_url":"https:\/\/currencylive.com\/news\/wp-content\/uploads\/2019\/08\/100101-gbp-eur-uk-wage-data.jpg","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/104745","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/users\/163946612"}],"replies":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/comments?post=104745"}],"version-history":[{"count":2,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/104745\/revisions"}],"predecessor-version":[{"id":104791,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/posts\/104745\/revisions\/104791"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media\/3715"}],"wp:attachment":[{"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/media?parent=104745"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/categories?post=104745"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/currencylive.com\/news\/wp-json\/wp\/v2\/tags?post=104745"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}