# Commodity markets cautiously await US Core PCE numbers amid concerns over potential delay in Fed rate cuts

> A Kotak Securities weekly commodities outlook says the dollar rebounded above 105 in the week ending May 24 as hawkish FOMC minutes and rising US input costs dampened rate-cut hopes. Global equities pulled back as a result.

- Date: 2024-05-26 · published 2024-05-26T12:00:00.000Z
- Category: market · region US · magnitude low
- Page: https://feedsoft.ai/events/30145-commodity-markets-cautiously-await-us-core-pce-numbers-amid-concerns-over
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A stronger dollar and reduced rate-cut expectations weigh on dollar-denominated commodity prices, including feed grains and oilseeds.

## Read by commodity

- DXY: bullish ▲

## Sources

- moneycontrol.com: https://www.moneycontrol.com/news/business/commodities/commodity-markets-cautiously-await-us-core-pce-numbers-amid-concerns-over-potential-delay-in-fed-rate-cuts-12732264.html

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