# US Fed rate rise could dampen mining shares

> The expected 50-basis-point hike by the Federal Open Market Committee is the largest since 2000 and is expected to be followed by more increases later this year. The article argues a firmer dollar will be a headwind to commodity prices.

- Date: 2022-05-04 · published 2022-05-04T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/41316-us-fed-rate-rise-could-dampen-mining-shares
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A firmer dollar raises the cost of dollar-priced commodities for foreign buyers, which can soften demand and pressure prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-09-17 | [Asian Shares Drop, Dollar Rises On Fed Interest Rate Promise](https://feedsoft.ai/events/51285-asian-shares-drop-dollar-rises-on-fed-interest-rate-promise.md) | +1.6% | +0.6% |
| DXY | 2016-11-18 | [Trump win not to change US Fed's course, could raise rates 'soon': Yellen](https://feedsoft.ai/events/74021-trump-win-not-to-change-us-fed-s-course-could-raise-rates-soon-yellen.md) | +1.0% | +1.3% |
| DXY | 2016-12-15 | [US rate rise: Should Asia worry? - BBC News](https://feedsoft.ai/events/73653-us-rate-rise-should-asia-worry-bbc-news.md) | +1.6% | +1.1% |
| DXY | 2022-08-31 | [‘King dollar’ surges as Fed presses ahead with rate rises](https://feedsoft.ai/events/40216-king-dollar-surges-as-fed-presses-ahead-with-rate-rises.md) | +0.9% | +3.6% |
| DXY | 2026-02-24 | [US Dollar Firms as Fed Minutes Temper Rate-Cut Expectations \| Investing.com](https://feedsoft.ai/events/20509-us-dollar-firms-as-fed-minutes-temper-rate-cut-expectations-investing-com.md) | +0.6% | +1.7% |

## Sources

- mining-journal.com: https://www.mining-journal.com/precious-metals/news/4067165/us-fed-rate-rise-dampen-mining-shares

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