Fed raises key rate and sees possible acceleration in hikes

After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Jun 14, 2017Fed raises key rate and unveils plan to reduce bond holdings | AP News+0.6%
• Mar 21, 2018Fed hikes rates and raises GDP forecast again-0.8%
• Apr 11, 2018Fed minutes: 'All' members see higher GDP and inflation, and more rate hikes-0.3%
• Mar 15, 2017Fed raises rate and sees more hikes as US economy improves - Chicago Sun-Times-1.5%
• Dec 20, 2018Fed lifts rates for 4th time this year but sees fewer hikes | AP News-0.1%

After 301 past bearish macro events, CORN moved a median -0.1% over 5 sessions (47% higher; middle half -2.2% to +1.3%), and +0.2% over 20.

• Jun 14, 2017Fed raises key rate and unveils plan to reduce bond holdings | AP News-2.1%
• Mar 21, 2018Fed hikes rates and raises GDP forecast again-0.0%
• Dec 14, 2016Fed surprises with three rate hikes next year — and could need more-2.5%
• Dec 15, 2016Fed lifts rates, sees faster pace of hikes in Trump's first year-2.2%
• Mar 16, 2022Fed finally moves against inflation with rate hike | Reuters+0.1%

After 273 past bearish macro events, SOY moved a median -0.4% over 5 sessions (44% higher; middle half -2.4% to +1.4%), and -0.5% over 20.

• Jun 14, 2017Fed raises key rate and unveils plan to reduce bond holdings | AP News-0.5%
• Mar 21, 2018Fed hikes rates and raises GDP forecast again-0.9%
• Dec 14, 2016Fed surprises with three rate hikes next year — and could need more-2.2%
• Dec 15, 2016Fed lifts rates, sees faster pace of hikes in Trump's first year-1.7%
• Mar 16, 2022Fed finally moves against inflation with rate hike | Reuters+2.3%