# Key Takeaways From Minutes of Fed’s December Meeting on Rates - Bloomberg

> Minutes from the Federal Reserve's December 13-14 meeting show officials remained committed to bringing inflation down. The release was summarized as key takeaways for markets.

- Date: 2023-01-04 · published 2023-01-04T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/37698-key-takeaways-from-minutes-of-fed-s-december-meeting-on-rates-bloomberg
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A hawkish tone on inflation supports the dollar and raises financing costs for commodity stockholding, which is mildly negative for commodity prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-02-22 | [Many Fed Officials See Rate Hike ‘Fairly Soon,’ Minutes Show - Bloomberg](https://feedsoft.ai/events/72388-many-fed-officials-see-rate-hike-fairly-soon-minutes-show-bloomberg.md) | -0.5% | -1.5% |
| DXY | 2023-07-26 | [FOMC Meeting: Fed Raises Rates to 22-year High, Leaves Door Open for More - Bloomberg](https://feedsoft.ai/events/34956-fomc-meeting-fed-raises-rates-to-22-year-high-leaves-door-open-for-more.md) | +0.6% | +2.1% |
| DXY | 2024-02-21 | [Fed worried about cutting rates too soon, minutes of January meeting show](https://feedsoft.ai/events/31868-fed-worried-about-cutting-rates-too-soon-minutes-of-january-meeting-show.md) | -0.0% | -0.1% |
| DXY | 2024-04-09 | [ECB-Fed Rates Split Ignites Talk of Euro Sliding to Dollar Parity - Bloomberg](https://feedsoft.ai/events/9973-ecb-fed-rates-split-ignites-talk-of-euro-sliding-to-dollar-parity-bloomberg.md) | +1.4% | +1.0% |
| DXY | 2026-09-14 | [Copper Slips as Inflation Data Raises Bets on Fed Hiking Rates - Bloomberg](https://feedsoft.ai/events/17392-copper-slips-as-inflation-data-raises-bets-on-fed-hiking-rates-bloomberg.md) | +1.1% | +2.9% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2023-01-04/key-takeaways-from-minutes-of-fed-s-december-meeting-on-rates

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