# Wall St cautiously optimistic as easing inflation lifts hopes of smaller rate hike

> Wall Street stocks gained on Dec 13 as new US inflation data showed the smallest annual increase in nearly a year. Treasury yields fell and the dollar weakened by nearly 1% against major currencies. Markets expected the BoE, Fed and ECB to raise rates by 50 basis points.

- Date: 2022-12-13 · published 2022-12-13T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/38419-wall-st-cautiously-optimistic-as-easing-inflation-lifts-hopes-of-smaller-rate
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Easing inflation and lower yields reduce pressure on the dollar, which can support dollar-priced commodity demand. The move reflects broader risk sentiment rather than a direct change in grain or feed supply.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-09-30 | [Canadian dollar firms as softer U.S. inflation weighs on rate-hike bets By Investing.com](https://feedsoft.ai/events/17701-canadian-dollar-firms-as-softer-u-s-inflation-weighs-on-rate-hike-bets-by.md) | -0.1% | +0.7% |
| DXY | 2019-06-19 | [Loonie rallies as hotter inflation clips rate cut bets \| Reuters](https://feedsoft.ai/events/58829-loonie-rallies-as-hotter-inflation-clips-rate-cut-bets-reuters.md) | -1.1% | -0.9% |
| DXY | 2025-09-30 | [Aussie dollar strengthens as RBA holds rates and signals cautious easing path - OFX](https://feedsoft.ai/events/23136-aussie-dollar-strengthens-as-rba-holds-rates-and-signals-cautious-easing-path.md) | +0.1% | +0.4% |
| DXY | 2022-05-23 | [Stocks rally as euro gains on likely rate hikes](https://feedsoft.ai/events/12688-stocks-rally-as-euro-gains-on-likely-rate-hikes.md) | -0.9% | +1.1% |
| DXY | 2026-01-28 | [Australia's hotter Q4 core inflation fuels bets for rate hike next week \| Reuters](https://feedsoft.ai/events/21313-australia-s-hotter-q4-core-inflation-fuels-bets-for-rate-hike-next-week-reuters.md) | +0.4% | +0.3% |

## Sources

- reuters.com: https://www.reuters.com/markets/global-markets-wrapup-1-2022-12-13/

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