# PREVIOUS INSTANCES OF FED TIGHTENING ACCOMPANIED RISING COMMODITY PRICES -- THE FED IS RAISING RATES NOW WHILE COMMODITIES ARE PLUNGING -- WEAK CHINESE MARKET IS PULLING COMMODITIES LOWER -- AND REFLECTS A SLOWING GLOBAL ECONOMY

> Commentary notes that the Fed is raising rates while commodity prices are falling, reversing the usual pattern in past tightening cycles. The author attributes the decline to weak Chinese demand and a slowing global economy.

- Date: 2018-12-21 · published 2018-12-21T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/61495-previous-instances-of-fed-tightening-accompanied-rising-commodity-prices-the
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Broad commodity weakness linked to slowing Chinese and global growth points to continued downward pressure on feed and energy prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2025-05-08 | [How the Fed’s Hold on Rates Is Affecting Stock, Bond, and Commodity Markets \| Investing.com](https://feedsoft.ai/events/24579-how-the-fed-s-hold-on-rates-is-affecting-stock-bond-and-commodity-markets.md) | +0.5% | -0.9% |
| DXY | 2022-09-01 | [Precious metal prices pressured by rising interest rates and weaker economic activity](https://feedsoft.ai/events/39945-precious-metal-prices-pressured-by-rising-interest-rates-and-weaker-economic.md) | +0.8% | +3.2% |
| DXY | 2025-09-19 | [Fed rate cuts won’t be a major influence on commodity prices \| Capital Economics](https://feedsoft.ai/events/22760-fed-rate-cuts-won-t-be-a-major-influence-on-commodity-prices-capital-economics.md) | +0.7% | +0.9% |
| DXY | 2024-10-30 | [The US Dollar Is Rising on Renewed Confidence in the US Economy and Market Fluctuations Ahead of the US Election - Desjardins](https://feedsoft.ai/events/28118-the-us-dollar-is-rising-on-renewed-confidence-in-the-us-economy-and-market.md) | -0.2% | +1.6% |
| DXY | 2019-05-02 | [WEAK INFLATION ISN'T TRANSITORY -- COMMODITY PRICES HAVE BEEN FALLING FOR A DECADE -- A RISING DOLLAR IS ONE REASON WHY -- STOCKS REACT BADLY TO LESS DOVISH FED -- RISING BOND YIELDS BOOST THE DOLLAR -- CRUDE OIL LEADS COMMODITIES LOWER](https://feedsoft.ai/events/58995-weak-inflation-isn-t-transitory-commodity-prices-have-been-falling-for-a-decade.md) | +0.4% | +1.2% |

## Sources

- articles.stockcharts.com: https://articles.stockcharts.com/article/members-analysis-20181221-1/

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