# Fed minutes: 'All' members see higher GDP and inflation, and more rate hikes

> 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.

- Date: 2018-04-11 · published 2018-04-11T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/65431-fed-minutes-all-members-see-higher-gdp-and-inflation-and-more-rate-hikes
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of further Fed tightening support the US dollar, which tends to pressure dollar-denominated commodities and can weigh on feed grain export competitiveness.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-03-16 | [Fed finally moves against inflation with rate hike \| Reuters](https://feedsoft.ai/events/42200-fed-finally-moves-against-inflation-with-rate-hike-reuters.md) | -1.0% | -0.7% |
| DXY | 2018-08-22 | [Fed's minutes pave way for two more rate hikes in 2018](https://feedsoft.ai/events/63698-fed-s-minutes-pave-way-for-two-more-rate-hikes-in-2018.md) | -0.5% | -0.2% |
| DXY | 2023-02-22 | [With inflation still the focus, Fed minutes show openness to higher rates endgame](https://feedsoft.ai/events/37233-with-inflation-still-the-focus-fed-minutes-show-openness-to-higher-rates-endgame.md) | +0.6% | +0.2% |
| DXY | 2018-06-13 | [Dollar mostly firmer as Fed sees more U.S. rate hikes \| Reuters](https://feedsoft.ai/events/64708-dollar-mostly-firmer-as-fed-sees-more-u-s-rate-hikes-reuters.md) | +1.3% | +0.6% |
| DXY | 2023-08-16 | [Fed officials divided in July over need for more rate hikes, minutes show \| Reuters](https://feedsoft.ai/events/34479-fed-officials-divided-in-july-over-need-for-more-rate-hikes-minutes-show-reuters.md) | +0.1% | +0.7% |

## Sources

- cnbc.com: https://www.cnbc.com/2018/04/11/fed-minutes-all-members-see-higher-gdp-and-inflation-and-more-rate-hikes.html

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