# Federal Reserve begins rate-hiking cycle

> First hike of a cycle that lifts the USD and weighs on dollar-denominated commodities.

- Date: 2022-03-16 · published 2022-03-16T12:00:00.000Z
- Category: macro · region US
- Page: https://feedsoft.ai/events/19-federal-reserve-begins-rate-hiking-cycle
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-09-18 | [Federal Reserve begins cutting rates](https://feedsoft.ai/events/34-federal-reserve-begins-cutting-rates.md) | -0.4% | +1.9% |
| 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 | 2018-07-19 | [Trump criticizes Federal Reserve for rate hikes, breaking with tradition](https://feedsoft.ai/events/64223-trump-criticizes-federal-reserve-for-rate-hikes-breaking-with-tradition.md) | -0.4% | +1.6% |
| DXY | 2022-09-21 | [Federal Reserve Meeting Fed Makes Another Big Rate Increase](https://feedsoft.ai/events/10326-federal-reserve-meeting-fed-makes-another-big-rate-increase.md) | +2.6% | +2.6% |
| DXY | 2023-02-01 | [Federal Reserve raises key interest rate 0.25%, signals more hikes likely](https://feedsoft.ai/events/37236-federal-reserve-raises-key-interest-rate-0-25-signals-more-hikes-likely.md) | +1.1% | +1.4% |
| SOY | 2023-04-17 | [Climate Change and Risks to Midwest Agriculture - Federal Reserve Bank of Chicago](https://feedsoft.ai/events/13282-climate-change-and-risks-to-midwest-agriculture-federal-reserve-bank-of-chicago.md) | -1.1% | -4.4% |
| SOY | 2023-10-31 | [US dollar falls as markets believe Fed is done hiking rates \| Reuters](https://feedsoft.ai/events/11457-us-dollar-falls-as-markets-believe-fed-is-done-hiking-rates-reuters.md) | +4.5% | +5.0% |
| SOY | 2019-01-30 | [U.S. Dollar Dives after Federal Reserve Moves to the Sidelines](https://feedsoft.ai/events/61290-u-s-dollar-dives-after-federal-reserve-moves-to-the-sidelines.md) | +0.1% | -1.7% |

## Sources

- Wikipedia: https://en.wikipedia.org/wiki/2021%E2%80%932023_inflation_surge

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