# The Commodities Feed: Markets disappointed as Fed remains on hold | articles | ING THINK

> The Fed left US rates unchanged and signalled they would likely stay on hold until tariff effects are clearer, lifting the dollar and pressuring commodities. EIA data showed US crude stocks fell 2.03m barrels, leaving them at their lowest since March, while jet fuel demand hit its highest since 2019.

- Date: 2025-05-08 · published 2025-05-08T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/24575-the-commodities-feed-markets-disappointed-as-fed-remains-on-hold-articles-ing
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A firmer dollar and delayed rate cuts weigh on dollar-denominated commodities, while tight US crude and jet fuel demand support energy prices.

## Read by commodity

- DXY: bullish ▲
- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-06-29 | [The Commodities Feed: Hawkish Fed comments weigh on the complex \| articles \| ING THINK](https://feedsoft.ai/events/35414-the-commodities-feed-hawkish-fed-comments-weigh-on-the-complex-articles-ing.md) | +0.4% | -1.2% |
| DXY | 2023-10-03 | [The Commodities Feed: It’s all about the yields \| articles \| ING THINK](https://feedsoft.ai/events/33531-the-commodities-feed-it-s-all-about-the-yields-articles-ing-think.md) | -0.1% | +0.6% |
| DXY | 2022-09-08 | [The Commodities Feed: USD strength and demand worries \| articles \| ING THINK](https://feedsoft.ai/events/14903-the-commodities-feed-usd-strength-and-demand-worries-articles-ing-think.md) | -0.3% | +1.6% |
| DXY | 2024-12-19 | [The Commodities Feed: Fed comments weigh on the complex \| ING THINK](https://feedsoft.ai/events/26850-the-commodities-feed-fed-comments-weigh-on-the-complex-ing-think.md) | +0.5% | +1.4% |
| DXY | 2024-12-20 | [The Commodities Feed: Stronger USD prompts oil sell-off \| articles \| ING THINK](https://feedsoft.ai/events/26895-the-commodities-feed-stronger-usd-prompts-oil-sell-off-articles-ing-think.md) | -0.1% | -0.2% |
| WTI | 2023-04-12 | [The Commodities Feed: All eyes on US CPI \| articles \| ING THINK](https://feedsoft.ai/events/36345-the-commodities-feed-all-eyes-on-us-cpi-articles-ing-think.md) | -0.8% | -9.6% |
| WTI | 2021-03-03 | [Re-assessing the commodity-FX relation \| articles \| ING THINK](https://feedsoft.ai/events/12207-re-assessing-the-commodity-fx-relation-articles-ing-think.md) | +7.2% | +1.4% |
| WTI | 2019-06-20 | [The Commodities Feed: Dovish Fed sees commodities rally \| snaps \| ING THINK](https://feedsoft.ai/events/58509-the-commodities-feed-dovish-fed-sees-commodities-rally-snaps-ing-think.md) | +10.2% | +2.6% |

## Sources

- think.ing.com: https://think.ing.com/articles/the-commodities-feed-the-fed-remains-on-hold080525/

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