(2nd LD) U.S. Fed raises key rate by 25 basis points to highest level since 2001

After 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.

• Jan 1, 2023Fed raises interest rates half a point to highest level in 15 years-1.0%
• Jun 14, 2017Fed raises key rate and unveils plan to reduce bond holdings | AP News+0.6%
• Jun 13, 2018Fed raises key rate and sees possible acceleration in hikes | AP News+1.3%
• Jul 27, 2022FOMC: Fed Raises Interest Rates by 75 Basis Points to Double Down on Inflation - Bloomberg-0.7%
• Jun 7, 2022Australia's central bank raises rates by 50 basis points+2.4%

Not enough comparable past events yet for a historical read.