Equities, dollar rise as Fed officials downplay inflation concerns

After 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.

• May 21, 2024FOREX Dollar firm as Fed officials urge patience on rate cuts+0.2%
• Aug 30, 2024US dollar rises broadly as inflation data underpins smaller Fed cut+0.2%
• Oct 18, 2022Dollar Appreciation and Inflation | Richmond Fed+0.3%
• Nov 10, 2016Dollar rises as Trump victory raises inflation expectations+1.9%
• Jun 1, 2025Ringgit slips against US dollar as US Fed flags inflation worries-0.5%

After 487 past bullish macro events, Crude Oil (WTI) moved a median +1.0% over 5 sessions (60% higher; middle half -2.0% to +4.0%), and +1.5% over 20.

• May 11, 2021Commodity currencies hold advantage as dollar waits for inflation and Fed | Reuters+2.0%
• Oct 12, 2021Won fades to 14-month low against dollar amid inflation concerns - The Korea Herald+2.4%
• Mar 18, 2026Gold Tumbles as Powell’s Inflation Concerns Dash Easing Bets-3.3%
• Sep 16, 2019Oil spike sends India assets lower as inflation concerns revive+5.8%
• Aug 18, 2021Canadian dollar rallies after hotter-than-expected inflation data+1.5%

After 323 past bullish macro events, Crude Oil (Brent) moved a median +0.7% over 5 sessions (58% higher; middle half -2.9% to +3.7%), and +1.3% over 20.

• Oct 22, 2020Goldman Sachs: Commodities bull market ahead on dollar, inflation risk-5.9%
• May 11, 2021Commodity currencies hold advantage as dollar waits for inflation and Fed | Reuters+1.6%
• Sep 16, 2019Oil spike sends India assets lower as inflation concerns revive+6.6%
• Jul 31, 2024Stocks rise; yields, dollar lower as Fed signals rate cut-3.0%
• Sep 29, 2026Fed Rate Hike Bets and US Bond Rout Bolster the Dollar, Hurt Equities and Gold | Investing.com+5.1%