Federal Reserve Governor Lisa Cook spoke in Cleveland on March 31, 2023 about the US economic outlook and monetary policy. She said recent data show greater inflation and activity momentum, while banking-sector developments may create headwinds.
She stressed a data-dependent approach to policy.
Signals that the Fed may keep rates higher for longer support the dollar and weigh on commodity prices, though the speech itself gives no new policy decision.
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.
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.