Loading…
Minneapolis Fed President Neel Kashkari said that if inflation keeps stalling, the Fed may not need any rate cuts in 2024. He said the economy has strong momentum.
A slower path to rate cuts supports the dollar and keeps financing costs high for storage and trade, a mildly bearish factor for grain prices.
reuters.comApr 4, 2024After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
