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Commentary on the week's economic data notes that Federal Reserve officials have signaled they will hike interest rates more aggressively than many market participants expected to combat persistent inflation.
Faster Fed tightening tends to strengthen the dollar and pressure commodity prices, including feed grains and oilseeds priced in dollars.
reuters.comJan 28, 2022After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
