# Federal Reserve Board - Federal Reserve issues FOMC statement

> The Federal Reserve issued its December 13, 2017 FOMC statement, saying the labor market has strengthened and economic activity is rising at a solid rate. It said hurricane-related disruptions have not materially altered the national outlook and that inflation remains somewhat below its 2 percent objective.

- Date: 2017-12-13 · published 2017-12-13T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/67388-federal-reserve-board-federal-reserve-issues-fomc-statement
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A steady, gradual tightening path supports the dollar and can firm borrowing costs for feed and livestock operations, though the statement itself does not signal a sharp move in grain prices.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-09-06 | [Board of Governors of the Federal Reserve System](https://feedsoft.ai/events/39787-board-of-governors-of-the-federal-reserve-system.md) | -0.4% | +2.7% |
| DXY | 2020-06-12 | [The Federal Reserve’s Response to COVID-19: Policy Issues](https://feedsoft.ai/events/52531-the-federal-reserve-s-response-to-covid-19-policy-issues.md) | +0.8% | +0.1% |
| DXY | 2024-09-18 | [Federal Reserve begins cutting rates](https://feedsoft.ai/events/34-federal-reserve-begins-cutting-rates.md) | -0.4% | +1.9% |
| DXY | 2016-12-15 | [Optimistic Federal Reserve Hikes Rates](https://feedsoft.ai/events/73656-optimistic-federal-reserve-hikes-rates.md) | +1.6% | +1.1% |
| DXY | 2022-03-16 | [Federal Reserve begins rate-hiking cycle](https://feedsoft.ai/events/19-federal-reserve-begins-rate-hiking-cycle.md) | -1.0% | -0.7% |

## Sources

- federalreserve.gov: https://www.federalreserve.gov/newsevents/pressreleases/monetary20171213a.htm

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