# Fed Rate Decision Leaves Wall Street Investors With Many Questions - Bloomberg

> The Fed raised rates by a quarter point and removed language suggesting additional firming may be warranted. Chair Powell said banking-sector conditions had broadly improved since March. Investors were left uncertain about the path of future policy.

- Date: 2023-05-03 · published 2023-05-03T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/35848-fed-rate-decision-leaves-wall-street-investors-with-many-questions-bloomberg
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Reduced clarity on rates adds volatility to the dollar and risk assets, which can shift commodity prices through currency channels.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-04-29 | [Market trades with caution ahead of US Fed rate decision this week](https://feedsoft.ai/events/31036-market-trades-with-caution-ahead-of-us-fed-rate-decision-this-week.md) | -0.7% | -1.1% |
| DXY | 2019-09-30 | [Bets That Fed Rate Cuts Will Dent Dollar May Prove ‘Dangerous’ - Bloomberg](https://feedsoft.ai/events/57272-bets-that-fed-rate-cuts-will-dent-dollar-may-prove-dangerous-bloomberg.md) | -0.2% | -1.4% |
| DXY | 2026-04-29 | [US Dollar Index steadies near 98.50, all eyes on Fed rate decision](https://feedsoft.ai/events/19920-us-dollar-index-steadies-near-98-50-all-eyes-on-fed-rate-decision.md) | -0.1% | +0.3% |
| DXY | 2017-10-30 | [Trading The FOMC Interest Rate Decision, November 1, 2017 \| Investing.com](https://feedsoft.ai/events/68660-trading-the-fomc-interest-rate-decision-november-1-2017-investing-com.md) | -0.2% | -1.6% |
| DXY | 2026-07-29 | [South African rand tracks subdued market peers ahead of Fed interest rate decision \| MarketScreener Australia](https://feedsoft.ai/events/18639-south-african-rand-tracks-subdued-market-peers-ahead-of-fed-interest-rate.md) | -0.9% | -2.0% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2023-05-03/wall-street-greets-end-of-the-hiking-cycle-with-more-questions

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