# U.S. economy rebounds in Q3 on boost from trade, but demand stalling

> US GDP rebounded in the third quarter, helped by trade, while consumer demand showed signs of stalling. The Fed has raised its benchmark rate from near zero in March to 3.00%-3.25%, the fastest tightening in a generation.

- Date: 2022-10-27 · published 2022-10-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/39333-u-s-economy-rebounds-in-q3-on-boost-from-trade-but-demand-stalling
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Slowing domestic demand and aggressive Fed tightening point to softer US economic demand for feed and livestock products, while the dollar remains supported.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-01-26 | [Ringgit Dips On Increasing Demand For U.S. Dollar](https://feedsoft.ai/events/32375-ringgit-dips-on-increasing-demand-for-u-s-dollar.md) | -0.4% | +0.2% |
| DXY | 2024-03-05 | [Strong U.S. economy sends dollar bears into hibernation](https://feedsoft.ai/events/31395-strong-u-s-economy-sends-dollar-bears-into-hibernation.md) | -0.7% | +0.5% |
| DXY | 2022-09-28 | [What is the Bank of England doing in bid to stabilise UK economy? \| Bank of England \| The Guardian](https://feedsoft.ai/events/39833-what-is-the-bank-of-england-doing-in-bid-to-stabilise-uk-economy-bank-of.md) | -1.8% | -1.5% |
| DXY | 2018-08-24 | [What's really going on with China's economy?](https://feedsoft.ai/events/10041-what-s-really-going-on-with-china-s-economy.md) | -0.0% | -0.5% |
| DXY | 2021-02-26 | [The U.S. Dollar's Bond Market Bust-Up from a Trade-weighted Angle](https://feedsoft.ai/events/10597-the-u-s-dollar-s-bond-market-bust-up-from-a-trade-weighted-angle.md) | +0.7% | +1.9% |

## Sources

- reuters.com: https://www.reuters.com/markets/us/us-economic-growth-rebounds-q3-trade-demand-is-slowing-2022-10-27/

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