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An essay by Nomi Prins examines how the Fed's latest 75-basis-point hike, the second in a row, is affecting commodities. It notes that the sector has pulled back recently.
Tighter Fed policy supports the dollar and pressures commodity prices, which is relevant to feed input costs for buyers.
brownstoneresearch.comNomi PrinsJul 30, 2022Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
