# Stocks, dollar gain on allure of Fed soft landing | Reuters

> World stocks rallied and the dollar edged up from eight-month lows on Friday after slowing inflation data raised hopes the Federal Reserve can achieve a soft landing and slow its tightening. Futures priced the Fed's policy rate peaking slightly higher around 4.9% in June, then easing to about 4.47% by December.

- Date: 2023-01-27 · published 2023-01-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/37972-stocks-dollar-gain-on-allure-of-fed-soft-landing-reuters
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar and expectations of eventual rate cuts tend to support commodity prices and make dollar-denominated feed ingredients cheaper for foreign buyers.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-10-21 | [Dollar dips as traders wait on Fed; Aussie gains By Reuters](https://feedsoft.ai/events/650-dollar-dips-as-traders-wait-on-fed-aussie-gains-by-reuters.md) | +0.5% | — |
| DXY | 2023-02-01 | [Stocks rally, dollar slumps after Fed statement, Powell remarks \| Reuters](https://feedsoft.ai/events/37526-stocks-rally-dollar-slumps-after-fed-statement-powell-remarks-reuters.md) | +1.1% | +1.4% |
| DXY | 2024-09-19 | [Sterling rises vs dollar after Fed; BoE in focus \| Reuters](https://feedsoft.ai/events/28566-sterling-rises-vs-dollar-after-fed-boe-in-focus-reuters.md) | -0.1% | +2.1% |
| DXY | 2022-07-28 | [Pound Sterling Extends Gains against Euro and Dollar on post-Fed Relief](https://feedsoft.ai/events/40759-pound-sterling-extends-gains-against-euro-and-dollar-on-post-fed-relief.md) | -0.3% | +0.2% |
| DXY | 2025-11-06 | [Dollar weakens amid soft labor US data \| Reuters](https://feedsoft.ai/events/22157-dollar-weakens-amid-soft-labor-us-data-reuters.md) | -0.9% | -1.0% |

## Sources

- reuters.com: https://www.reuters.com/markets/global-markets-wrapup-1-2023-01-27/

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