# Fed's hawkish cut fires up rate hike debate

> The dollar surged to a two-year high, stocks slumped and Treasury yields jumped after the Federal Reserve's cut and hawkish guidance. Commentary debates whether the Fed may need to consider rate hikes.

- Date: 2024-12-19 · published 2024-12-19T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/27137-fed-s-hawkish-cut-fires-up-rate-hike-debate
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Sharp dollar appreciation and higher yields tighten global financial conditions and make U.S. commodity exports less competitive, weighing on grain and meal prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-03-01 | [Dollar firms, Aussie steady after RBA's 'hawkish' rate cut](https://feedsoft.ai/events/26335-dollar-firms-aussie-steady-after-rba-s-hawkish-rate-cut.md) | -1.8% | -1.5% |
| DXY | 2019-07-31 | [The Loonie plunges following a "hawkish rate cut" by the U.S. Fed - OFX (CA)](https://feedsoft.ai/events/58339-the-loonie-plunges-following-a-hawkish-rate-cut-by-the-u-s-fed-ofx-ca.md) | +0.9% | +1.8% |
| DXY | 2026-09-17 | [Fed Delivers Hawkish Hike, Dollar Rallies but Gold Recovers \| Investing.com](https://feedsoft.ai/events/17386-fed-delivers-hawkish-hike-dollar-rallies-but-gold-recovers-investing-com.md) | +1.0% | +2.2% |
| DXY | 2026-06-18 | [US dollar rally builds as hawkish Fed meeting stokes rate-hike bets \| The Straits Times](https://feedsoft.ai/events/11517-us-dollar-rally-builds-as-hawkish-fed-meeting-stokes-rate-hike-bets-the-straits.md) | +1.4% | +1.0% |
| DXY | 2018-06-13 | [Dollar mostly firmer as Fed sees more U.S. rate hikes \| Reuters](https://feedsoft.ai/events/64708-dollar-mostly-firmer-as-fed-sees-more-u-s-rate-hikes-reuters.md) | +1.3% | +0.6% |

## Sources

- reuters.com: https://www.reuters.com/markets/us/feds-hawkish-cut-fires-up-rate-hike-debate-mcgeever-2024-12-19/

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