# US import prices fall, consumer sentiment slides | Reuters

> US import prices fell and consumer sentiment slid, with the Fed holding its benchmark rate at 5.25%-5.50% and markets still expecting easing to begin in September. The Fed has raised rates 525 basis points since March 2022.

- Date: 2024-06-14 · published 2024-06-14T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/29639-us-import-prices-fall-consumer-sentiment-slides-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Softer import prices and weaker sentiment point to cooling inflation and growing expectations of Fed easing, which can ease pressure on the dollar and support commodity demand.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2021-05-28 | [Pent-up demand, shortages fuel U.S. inflation \| Reuters](https://feedsoft.ai/events/47006-pent-up-demand-shortages-fuel-u-s-inflation-reuters.md) | -0.1% | +1.0% |
| DXY | 2023-04-13 | [Dollar dips as producer prices cool, euro hits one-year high \| Reuters](https://feedsoft.ai/events/36579-dollar-dips-as-producer-prices-cool-euro-hits-one-year-high-reuters.md) | +0.3% | -0.4% |
| DXY | 2019-07-12 | [Korea’s export-import prices turned lower in June on weaker USD, oil prices - 매일경제 영문뉴스 펄스(Pulse)](https://feedsoft.ai/events/58308-korea-s-export-import-prices-turned-lower-in-june-on-weaker-usd-oil-prices-pulse.md) | +0.0% | +1.4% |
| DXY | 2019-01-09 | [US Dollar Falls, Gold Price Surpasses $1290 on Dovish FOMC Meeting Minutes](https://feedsoft.ai/events/61007-us-dollar-falls-gold-price-surpasses-1290-on-dovish-fomc-meeting-minutes.md) | -0.5% | -0.3% |
| DXY | 2019-04-29 | [US Dollar Soft On Personal Consumption Expenditure Misses](https://feedsoft.ai/events/59762-us-dollar-soft-on-personal-consumption-expenditure-misses.md) | -0.2% | +0.5% |

## Sources

- reuters.com: https://www.reuters.com/markets/us/us-import-prices-unexpectedly-fall-may-2024-06-14/

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