# Stocks fall, dollar pares losses after Fed forges ahead with rate hike - Financial Post

> US stocks fell in volatile trading while the dollar pared losses after the Fed raised its benchmark rate by a quarter point. The Fed also announced it would begin reducing its roughly $4.5 trillion balance sheet this year. Traders doubted the central bank could deliver further hikes given weak inflation.

- Date: 2017-06-14 · published 2017-06-14T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/10199-stocks-fall-dollar-pares-losses-after-fed-forges-ahead-with-rate-hike-financial
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The balance sheet plan and the rate hike shape the dollar and financing conditions, and doubts about further tightening limit dollar strength for dollar-priced commodities.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-09-17 | [Dollar's post Fed gains fizzle as long rate pause seen \| Financial Post](https://feedsoft.ai/events/51284-dollar-s-post-fed-gains-fizzle-as-long-rate-pause-seen-financial-post.md) | +1.6% | +0.6% |
| DXY | 2018-09-25 | [Dollar slips ahead of widely expected Fed rate hike](https://feedsoft.ai/events/63243-dollar-slips-ahead-of-widely-expected-fed-rate-hike.md) | +0.3% | +1.4% |
| DXY | 2019-06-17 | [Forex Market: Dollar steady ahead of Fed meeting; low chances of June rate cut](https://feedsoft.ai/events/58784-forex-market-dollar-steady-ahead-of-fed-meeting-low-chances-of-june-rate-cut.md) | -0.9% | -1.1% |
| DXY | 2018-12-19 | [With a rate hike priced in, dollar traders wait for Fed’s 2019 guidance - MarketWatch](https://feedsoft.ai/events/61746-with-a-rate-hike-priced-in-dollar-traders-wait-for-fed-s-2019-guidance.md) | -0.3% | -1.6% |
| DXY | 2023-09-21 | [Dollar eases after Fed-spurred rise, yen stronger ahead of BOJ](https://feedsoft.ai/events/34309-dollar-eases-after-fed-spurred-rise-yen-stronger-ahead-of-boj.md) | +1.7% | +2.3% |

## Sources

- financialpost.com: https://financialpost.com/investing/stocks-fall-dollar-pares-losses-after-fed-forges-ahead-with-rate-hike/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.