# Analysts react as Aggressive Fed hikes rates another 75 basis points

> The Federal Reserve raised its target rate by three-quarters of a percentage point to 3.00%-3.25% and signaled further large increases. Its new projections show the policy rate reaching 4.40% by the end of the year.

- Date: 2022-10-01 · published 2022-10-01T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/39757-analysts-react-as-aggressive-fed-hikes-rates-another-75-basis-points
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Tighter U.S. monetary policy strengthens the dollar and raises financing costs, which tends to weigh on dollar-denominated commodity prices and on emerging-market currencies that buy feed imports.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-12-18 | [U.S. Federal Reserve cuts interest rates by another quarter point \| CBC News](https://feedsoft.ai/events/26852-u-s-federal-reserve-cuts-interest-rates-by-another-quarter-point-cbc-news.md) | +0.7% | +1.5% |
| DXY | 2022-09-21 | [Federal Reserve Meeting Fed Makes Another Big Rate Increase](https://feedsoft.ai/events/10326-federal-reserve-meeting-fed-makes-another-big-rate-increase.md) | +2.6% | +2.6% |
| DXY | 2022-07-27 | [FOMC: Fed Raises Interest Rates by 75 Basis Points to Double Down on Inflation - Bloomberg](https://feedsoft.ai/events/40388-fomc-fed-raises-interest-rates-by-75-basis-points-to-double-down-on-inflation.md) | -0.7% | +0.2% |
| DXY | 2023-07-26 | [Fed lifts rates, Powell leaves door open to another hike in September](https://feedsoft.ai/events/35277-fed-lifts-rates-powell-leaves-door-open-to-another-hike-in-september.md) | +0.6% | +2.1% |
| DXY | 2022-01-30 | [How ECB’s slower rates approach would protect Europe from aggressive Fed policy \| The National](https://feedsoft.ai/events/43343-how-ecb-s-slower-rates-approach-would-protect-europe-from-aggressive-fed-policy.md) | -0.8% | -0.7% |

## Sources

- reuters.com: https://www.reuters.com/markets/us/aggressive-fed-hikes-rates-another-75-bp-surprising-no-one-2022-09-21/

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