# Speech by Governor Brainard on "Fed Listens in Cincinnati: How Does Monetary Policy Affect Your Community?" - Federal Reserve Board

> Federal Reserve Governor Lael Brainard delivered a speech in Cincinnati on monetary policy and its effect on communities, as part of the Fed Listens series. She said the FOMC's goal is 2% inflation and that the economy's most likely path remains solid. The speech describes the dual mandate of maximum employment and price stability.

- Date: 2019-06-21 · published 2019-06-21T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/58516-speech-by-governor-brainard-on-fed-listens-in-cincinnati-how-does-monetary
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The speech reinforces the Fed's cautious, data-dependent stance, which shapes expectations for the dollar and rates that feed through to commodity prices.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-04-19 | [Speech by Vice Chairman Fischer on international effects of recent policy tightening - Federal Reserve Board](https://feedsoft.ai/events/71409-speech-by-vice-chairman-fischer-on-international-effects-of-recent-policy.md) | +0.2% | -0.2% |
| DXY | 2022-09-06 | [Board of Governors of the Federal Reserve System](https://feedsoft.ai/events/39787-board-of-governors-of-the-federal-reserve-system.md) | -0.4% | +2.7% |
| DXY | 2024-05-10 | [The Fed - Monetary Policy and Exchange Rates during the Global Tightening](https://feedsoft.ai/events/30140-the-fed-monetary-policy-and-exchange-rates-during-the-global-tightening.md) | -0.8% | +1.1% |
| DXY | 2018-09-26 | [Rand Clings on to Week's Gains but Federal Reserve Now Looms Large Over Emerging World](https://feedsoft.ai/events/63340-rand-clings-on-to-week-s-gains-but-federal-reserve-now-looms-large-over.md) | +0.2% | +1.5% |
| DXY | 2023-12-10 | [Last US FOMC of the Year in Focus... Impact on Exchange Rates and Korean Monetary Policy - The Asia Business Daily](https://feedsoft.ai/events/32966-last-us-fomc-of-the-year-in-focus-impact-on-exchange-rates-and-korean-monetary.md) | -0.8% | -0.9% |

## Sources

- federalreserve.gov: https://www.federalreserve.gov/newsevents/speech/brainard20190621a.htm

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