Eggs are cheaper now, but inflation isn't where the Federal Reserve wants it to be

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.

• Mar 22, 2018What Is the Impact of the Federal Reserve's Latest Rate Hike on Indonesia? | Indonesia Investments-0.8%
• Sep 21, 2017No Game-Changer for the US Dollar: Reactions to the Federal Reserve's September Update+1.5%
• Nov 2, 2016The Federal Reserve looks ready to roll with an interest rate hike in December-0.6%
• Mar 19, 2018What to expect from the Federal Reserve rate meeting | IG South Africa-1.2%
• Dec 18, 2024U.S. Federal Reserve cuts interest rates by another quarter point | CBC News+0.7%

After 565 past bearish macro events, Crude Oil (WTI) moved a median -1.4% over 5 sessions (41% higher; middle half -5.9% to +3.0%), and -0.5% over 20.

• Nov 23, 2021Indian bonds, rupee weaken on Jerome Powell’s new term at U.S. Federal Reserve - The Hindu-13.8%
• Jul 18, 2023Canada's inflation falls to 27-month low but underlying pressures persist | Reuters+6.2%
• May 1, 2019Canadian dollar weakens as Fed inflation view boosts greenback - The Globe and Mail-3.8%
• Jun 5, 2019The Fed is ready to cut rates as needed - Mansfield Energy-0.4%
• Aug 19, 2025Canada’s annual inflation rate eases to 1.7 per cent in July, core measures stay firm - Grainews+1.4%