# Federal Reserve Meeting Fed Makes Another Big Rate Increase

> The Federal Reserve raised interest rates by another large increment, moving faster and more aggressively than peers. The US dollar gained 0.9% on the day in response.

- Date: 2022-09-21 · published 2022-09-21T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/10326-federal-reserve-meeting-fed-makes-another-big-rate-increase
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Euro (USD per EUR)](https://feedsoft.ai/c/EURUSD.md)

## Why it matters

Larger US rate hikes widen yield gaps and attract capital into dollars, which weighs on dollar-priced commodities and foreign-currency buying power. The move reinforces bearish pressure on US export values.

## Read by commodity

- DXY: bullish ▲
- EURUSD: bearish ▼

## Linked price moves

| Commodity | Date | Window | Change % | z-score | Why linked |
| --- | --- | --- | --- | --- | --- |
| DXY | 2022-09-27 | 5 | +2.6% | 3.4 | The large Fed rate increase caused a 0.9% one-day dollar gain, directly contributing to the broad dollar move. |

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-03-19 | [What to expect from the Federal Reserve rate meeting \| IG South Africa](https://feedsoft.ai/events/65909-what-to-expect-from-the-federal-reserve-rate-meeting-ig-south-africa.md) | -1.2% | -1.3% |
| DXY | 2024-12-18 | [U.S. Federal Reserve cuts interest rates by another quarter point \| CBC News](https://feedsoft.ai/events/26852-u-s-federal-reserve-cuts-interest-rates-by-another-quarter-point-cbc-news.md) | +0.7% | +1.5% |
| DXY | 2016-12-15 | [Optimistic Federal Reserve Hikes Rates](https://feedsoft.ai/events/73656-optimistic-federal-reserve-hikes-rates.md) | +1.6% | +1.1% |
| DXY | 2023-07-26 | [Instant View: Fed raises interest rates, leaves door open to another increase \| Reuters](https://feedsoft.ai/events/34955-instant-view-fed-raises-interest-rates-leaves-door-open-to-another-increase.md) | +0.6% | +2.1% |
| DXY | 2016-11-02 | [The Federal Reserve looks ready to roll with an interest rate hike in December](https://feedsoft.ai/events/73752-the-federal-reserve-looks-ready-to-roll-with-an-interest-rate-hike-in-december.md) | -0.6% | +3.2% |
| EURUSD | 2026-05-18 | [Euro declines as risk aversion, Fed rate hike odds increase](https://feedsoft.ai/events/19477-euro-declines-as-risk-aversion-fed-rate-hike-odds-increase.md) | -0.2% | -0.2% |
| EURUSD | 2026-06-18 | [US dollar rally builds as hawkish Fed meeting stokes rate-hike bets \| The Straits Times](https://feedsoft.ai/events/11517-us-dollar-rally-builds-as-hawkish-fed-meeting-stokes-rate-hike-bets-the-straits.md) | -1.8% | -1.3% |
| EURUSD | 2026-10-01 | [Dollar rises, euro slips after ECB rate increase](https://feedsoft.ai/events/17692-dollar-rises-euro-slips-after-ecb-rate-increase.md) | -1.4% | -1.6% |

## Sources

- nytimes.com: https://www.nytimes.com/live/2022/09/21/business/fed-interest-rates-inflation

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