# Fed’s policy decisions have a deep impact in emerging markets - The Globe and Mail

> Reuters reports that Fed rate hikes this year strengthened the dollar and hurt emerging-market currencies such as the Indonesian rupiah, raising import costs. The Fed is poised to lift rates again, and officials abroad have urged it to consider emerging-market effects.

- Date: 2018-12-18 · published 2018-12-18T12:00:00.000Z
- Category: macro · region Global · magnitude low
- Page: https://feedsoft.ai/events/61747-fed-s-policy-decisions-have-a-deep-impact-in-emerging-markets-the-globe-and-mail
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Indonesian Rupiah (IDR per USD)](https://feedsoft.ai/c/USDIDR.md)

## Why it matters

Stronger dollar and weaker emerging-market currencies raise the local cost of imported feed ingredients and can curb buying from importing countries, a bearish factor for dollar-priced feed.

## Read by commodity

- DXY: bullish ▲
- USDIDR: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-06-07 | [Skittishness hits emerging markets, and the Fed's getting the blame](https://feedsoft.ai/events/5379-skittishness-hits-emerging-markets-and-the-fed-s-getting-the-blame.md) | +0.5% | +1.1% |
| DXY | 2018-08-23 | [Here’s how Jackson Hole could impact the dollar, bonds and emerging markets - MarketWatch](https://feedsoft.ai/events/63695-here-s-how-jackson-hole-could-impact-the-dollar-bonds-and-emerging-markets.md) | -0.0% | -0.1% |
| DXY | 2017-09-27 | [How the Fed is clipping the loonie’s wings - The Globe and Mail](https://feedsoft.ai/events/69196-how-the-fed-is-clipping-the-loonie-s-wings-the-globe-and-mail.md) | +0.5% | +1.5% |
| DXY | 2018-11-08 | [Canadian dollar hits eight-week low as U.S. Fed affirms rate hike policy - The Globe and Mail](https://feedsoft.ai/events/62276-canadian-dollar-hits-eight-week-low-as-u-s-fed-affirms-rate-hike-policy-the.md) | +1.0% | +1.2% |
| DXY | 2021-07-15 | [The loonie is sinking fast – and the Fed is to blame - The Globe and Mail](https://feedsoft.ai/events/46277-the-loonie-is-sinking-fast-and-the-fed-is-to-blame-the-globe-and-mail.md) | +0.5% | +0.4% |

## Sources

- theglobeandmail.com: https://www.theglobeandmail.com/business/article-feds-policy-decisions-have-a-deep-impact-in-emerging-markets/

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