Loading…
Minutes from the Federal Reserve's March 2018 meeting showed all participants expected economic growth and inflation to strengthen in coming months. Some members had misgivings about the quarter-point rate hike, and the group viewed a trade war as a downside risk.
Expectations of further Fed tightening support the US dollar, which tends to pressure dollar-denominated commodities and can weigh on feed grain export competitiveness.
cnbc.comJeff CoxApr 11, 2018After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
