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The Federal Reserve left borrowing costs unchanged at its final meeting under Chair Janet Yellen. Officials kept their plan for further rate increases, signaling more hikes ahead.
Rate hike signals tend to strengthen the dollar and raise financing costs for holding commodities, a mild headwind for dollar-priced grains and feed inputs.
bloomberg.comCraig TorresJan 31, 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.
