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The Fed raised rates for the fourth time in 2018 and cut its 2019 forecast from three hikes to two. Policymakers signaled they may soon pause tightening, and stocks erased gains after the decision.
A slower expected pace of tightening could ease pressure on the dollar over time, which would be supportive for dollar-priced commodities.
thenationalnews.comBloombergDec 20, 2018After 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.
