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Fed Chair Jerome Powell said inflation appears to be cooling and he hopes to avoid a difficult policy trade-off. Keeping benchmark rates near zero supports hiring but could let inflation worsen.
Expectations for policy tightening influence the dollar and borrowing costs, with indirect bearish implications for commodity prices.
apnews.comChristopher RugaberSep 30, 2021After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), 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.
