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The Fed raised rates by 25 basis points, taking the federal funds rate to 3.75-4%, and signalled that rates could stay elevated. Vietnamese average consumer prices rose 4.45% in the first eight months of the year.
Higher US rates strengthen the dollar and tighten financial conditions for emerging Asian importers, which can limit their purchasing power for feed ingredients.
After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.