# Stocks fall, US dollar strengthens after Powell puts chill on December rate cut | Reuters

> The Fed cut rates by 25 basis points and said it is ending quantitative tightening, citing tightening money market liquidity. Powell then said a further cut in December is not a foregone conclusion, and stocks retreated while Treasury yields and the dollar rose.

- Date: 2025-10-29 · published 2025-10-29T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/22612-stocks-fall-us-dollar-strengthens-after-powell-puts-chill-on-december-rate-cut
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar and higher US yields tend to weigh on dollar-denominated commodity prices and can slow import demand from emerging markets for feed ingredients.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-10-29 | [Powell's comments curb December rate cut bets, boosting dollar \| Reuters](https://feedsoft.ai/events/22318-powell-s-comments-curb-december-rate-cut-bets-boosting-dollar-reuters.md) | +1.0% | +0.5% |
| DXY | 2021-11-25 | [Asian stocks fall on dollar strength, Bank of Korea hikes rates \| Reuters](https://feedsoft.ai/events/44286-asian-stocks-fall-on-dollar-strength-bank-of-korea-hikes-rates-reuters.md) | -0.2% | -0.6% |
| DXY | 2023-06-28 | [Nasdaq ends up, dollar strengthens as Powell hints at more rate hikes \| Reuters](https://feedsoft.ai/events/35413-nasdaq-ends-up-dollar-strengthens-as-powell-hints-at-more-rate-hikes-reuters.md) | +0.4% | -1.0% |
| DXY | 2024-09-16 | [US dollar strengthens ahead of expected Fed rate cut](https://feedsoft.ai/events/28508-us-dollar-strengthens-ahead-of-expected-fed-rate-cut.md) | -0.2% | +1.1% |
| DXY | 2023-10-12 | [Dollar, yields rise, stocks fall after US consumer price data By Reuters](https://feedsoft.ai/events/33818-dollar-yields-rise-stocks-fall-after-us-consumer-price-data-by-reuters.md) | +0.9% | -0.6% |

## Sources

- reuters.com: https://www.reuters.com/world/china/global-markets-wrapup-1-2025-10-29/

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