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Capital Economics published a note arguing that expected Federal Reserve rate cuts will not push commodity prices sharply higher. The text provided is only a header and contact block.
The view implies that monetary easing is unlikely to provide a major tailwind for feed commodity prices, so buyers should not expect a rate-cut-driven rally.
capitaleconomics.comBill WeatherburnApr 16, 2024After 4,478 past macro events, DXY moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
