# Fed Delivers Hawkish Hike, Dollar Rallies but Gold Recovers | Investing.com

> The Federal Reserve raised its policy rate by 25 basis points to 3.75%-4.00%, its first hike in three years, under new chair Kevin Warsh. Most officials project at least one more hike this year. The dollar rallied while gold recovered after an initial slide.

- Date: 2026-09-17 · published 2026-09-17T12:00:00.000Z
- Category: macro · region US · magnitude high
- Page: https://feedsoft.ai/events/17386-fed-delivers-hawkish-hike-dollar-rallies-but-gold-recovers-investing-com
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar and higher US rates raise the cost of dollar-priced commodities for foreign buyers and tend to weigh on commodity prices broadly.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-06-18 | [Dollar Rallies on Fed’s Hawkish Hold; BoE Awaited \| Investing.com](https://feedsoft.ai/events/19063-dollar-rallies-on-fed-s-hawkish-hold-boe-awaited-investing-com.md) | +1.4% | +1.0% |
| DXY | 2026-06-18 | [Fed Holds Rates, New Chair Leans Hawkish, Gold Down but Not Out \| Investing.com](https://feedsoft.ai/events/18709-fed-holds-rates-new-chair-leans-hawkish-gold-down-but-not-out-investing-com.md) | +1.4% | +1.0% |
| DXY | 2026-09-29 | [Fed Rate Hike Bets and US Bond Rout Bolster the Dollar, Hurt Equities and Gold \| Investing.com](https://feedsoft.ai/events/17391-fed-rate-hike-bets-and-us-bond-rout-bolster-the-dollar-hurt-equities-and-gold.md) | +0.5% | +0.8% |
| DXY | 2018-05-02 | [Fed Likely On Hold, But What About U.S. Dollar? \| Investing.com Canada](https://feedsoft.ai/events/64950-fed-likely-on-hold-but-what-about-u-s-dollar-investing-com-canada.md) | +1.2% | +1.8% |
| DXY | 2026-06-25 | [BofA cuts euro forecasts, sees stronger dollar in second half on hawkish Fed By Investing.com](https://feedsoft.ai/events/19032-bofa-cuts-euro-forecasts-sees-stronger-dollar-in-second-half-on-hawkish-fed-by.md) | -0.2% | -0.4% |

## Sources

- investing.com: https://www.investing.com/analysis/fed-delivers-hawkish-hike-dollar-rallies-but-gold-recovers-200687866

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