◂ Event Timeline

Feb 21, 2019REPORTUS

FOMC members want plan to end balance sheet reduction, minutes show

Minutes from the Fed's January meeting show most FOMC members want a plan to end balance sheet reduction announced soon. Some members still see further rate increases possible in 2019.

WHY IT MATTERS

Signals of an end to balance sheet runoff and possible hikes create mixed dollar signals, with limited direct impact on feed commodities.

AFFECTSUS Dollar (Broad)◆

SOURCE
centralbanking.comCentral Banking NewsdeskFeb 21, 2019

Price reaction & history

US Dollar (Broad)◆neutralSO FAR1d -0.1%5d -0.5%20d -0.4%

After 23 past neutral report events, US Dollar (Broad) moved a median +0.1% over 5 sessions (57% higher; middle half -0.2% to +0.4%), and +0.5% over 20.

Sep 24, 2024Rupiah Rises Following Weak US PMI Report and Fed Speculation-0.1%
May 10, 2023Dollar in holding pattern, inflation data provides little clarity on rates | Reuters+0.3%
Oct 14, 2020September U.S. producer prices rose 0.4%, more than expected-0.6%
Feb 14, 2019The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter - FEDERAL RESERVE BANK of NEW YORK-0.6%
Feb 10, 2022The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter - FEDERAL RESERVE BANK of NEW YORK-0.1%

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.

US Dollar (Broad) DXY · GP ▸

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