In the first CNBC Fed Survey since the Federal Reserve announced its new, more dovish monetary policy strategy, respondents now forecast no rate hikes from the central bank until 2023, CNBC reports on website.

The results are a potential first sign that the Fed’s new strategy of allowing inflation to run above its 2% target for an unspecified time have had an immediate impact on the rate outlook.

The new average forecast, which has the Fed on hold until February 2023, is six months later than the July survey and comes amid more upbeat views on the economic recovery and higher inflation forecasts. Under the previous strategy, where the Fed aimed for a symmetrical 2% target, those conditions might have brought forward the outlook for rate hikes.