Loading…
Federal Reserve officials indicated they hope the economy is nearing an inflation slowdown even as rate hikes are expected. Financial markets already show higher borrowing costs for households and companies.
Expectations of a slower inflation path could ease pressure for aggressive tightening, which would be mildly supportive for commodity demand. The dollar reaction is likely modest.
reuters.comHoward SchneiderFeb 9, 2022After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
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.
