# What to expect from the Federal Reserve rate meeting | IG South Africa

> An IG preview says markets priced a 94% probability of a quarter-point Fed hike at the March meeting, Powell's first as chair. Traders will look for guidance on the pace of tightening, with some expecting possibly four hikes in 2018.

- Date: 2018-03-19 · published 2018-03-19T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/65909-what-to-expect-from-the-federal-reserve-rate-meeting-ig-south-africa
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expected tighter US policy supports the dollar and raises commodity holding costs, a macro backdrop that tends to weigh on dollar-priced grains and oilseeds.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-21 | [Federal Reserve Meeting Fed Makes Another Big Rate Increase](https://feedsoft.ai/events/10326-federal-reserve-meeting-fed-makes-another-big-rate-increase.md) | +2.6% | +2.6% |
| DXY | 2018-03-22 | [What Is the Impact of the Federal Reserve's Latest Rate Hike on Indonesia? \| Indonesia Investments](https://feedsoft.ai/events/66316-what-is-the-impact-of-the-federal-reserve-s-latest-rate-hike-on-indonesia.md) | -0.8% | -1.3% |
| DXY | 2016-11-02 | [The Federal Reserve looks ready to roll with an interest rate hike in December](https://feedsoft.ai/events/73752-the-federal-reserve-looks-ready-to-roll-with-an-interest-rate-hike-in-december.md) | -0.6% | +3.2% |
| DXY | 2021-12-17 | [What will the Fed’s expected rate hikes mean for Korean market? - The Korea Herald](https://feedsoft.ai/events/43844-what-will-the-fed-s-expected-rate-hikes-mean-for-korean-market-the-korea-herald.md) | -0.2% | -0.8% |
| DXY | 2023-06-13 | [Eggs are cheaper now, but inflation isn't where the Federal Reserve wants it to be](https://feedsoft.ai/events/35507-eggs-are-cheaper-now-but-inflation-isn-t-where-the-federal-reserve-wants-it-to.md) | -0.6% | -1.7% |

## Sources

- ig.com: https://www.ig.com/za/view-ig/what-to-expect-from-the-federal-reserve-rate-meeting-180319

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