# Softer US interest rate tone boosts metals

> Metals rose after Fed Chairman Powell suggested rate hikes could be slower than anticipated, weakening the US dollar. Most base metals responded positively.

- Date: 2018-11-28 · published 2018-11-28T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/61960-softer-us-interest-rate-tone-boosts-metals
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A softer dollar tends to lift dollar-denominated commodity prices, but the story concerns metals rather than feed ingredients, so the feed price effect is indirect.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-07-31 | [Gold jumps and industrial metals rally as US Fed signals upcoming interest rate cut](https://feedsoft.ai/events/29145-gold-jumps-and-industrial-metals-rally-as-us-fed-signals-upcoming-interest-rate.md) | -0.5% | -1.9% |
| DXY | 2017-06-14 | [Dollar falls after Fed interest rate decision](https://feedsoft.ai/events/10197-dollar-falls-after-fed-interest-rate-decision.md) | +0.6% | -0.9% |
| DXY | 2024-03-21 | [Copper price resumes rally as Fed rate signals boost industrial metals - MINING.COM](https://feedsoft.ai/events/31103-copper-price-resumes-rally-as-fed-rate-signals-boost-industrial-metals-mining.md) | +0.1% | +1.7% |
| DXY | 2025-10-01 | [After The Rate Cut: Investing Beyond U.S. Markets](https://feedsoft.ai/events/22765-after-the-rate-cut-investing-beyond-u-s-markets.md) | +0.3% | +0.3% |
| DXY | 2026-07-29 | [Dollar Falls to One-Week Low After Fed Keeps Interest Rates Unchanged - Bloomberg](https://feedsoft.ai/events/8419-dollar-falls-to-one-week-low-after-fed-keeps-interest-rates-unchanged-bloomberg.md) | -0.9% | -2.0% |

## Sources

- miningnews.net: https://www.miningnews.net/capital-markets/news/1352038/softer-us-interest-rate-tone-boosts-metals

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