# Fed Raises Rates, Eyes 2018 Increases - Sharecafe

> The US Federal Reserve raised its target range to 1.25%-1.5%, its third hike of 2017, and projected further increases in 2018. Fed Chair Janet Yellen delivered her final meeting as chair, and the Aussie rebounded to around 76.30 US cents.

- Date: 2017-12-13 · published 2017-12-13T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/67734-fed-raises-rates-eyes-2018-increases-sharecafe
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md), [British Pound (USD per GBP)](https://feedsoft.ai/c/GBPUSD.md)

## Why it matters

Higher US rates and a firmer dollar tend to pressure dollar-denominated commodity prices, while the Aussie rebound shows the currency response to the rate outlook.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bullish ▲
- GBPUSD: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-12-13 | [Fed raises interest rates, keeps 2018 policy outlook unchanged](https://feedsoft.ai/events/67389-fed-raises-interest-rates-keeps-2018-policy-outlook-unchanged.md) | -0.4% | -1.8% |
| DXY | 2018-12-19 | [Gold falls as Fed raises rates, indicates further hikes for 2019](https://feedsoft.ai/events/61491-gold-falls-as-fed-raises-rates-indicates-further-hikes-for-2019.md) | -0.3% | -1.6% |
| DXY | 2018-03-21 | [Fed hikes rates and raises GDP forecast again](https://feedsoft.ai/events/65902-fed-hikes-rates-and-raises-gdp-forecast-again.md) | -0.8% | -1.3% |
| DXY | 2026-10-01 | [Dollar rises, euro slips after ECB rate increase](https://feedsoft.ai/events/17692-dollar-rises-euro-slips-after-ecb-rate-increase.md) | +0.2% | +0.6% |
| 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% |

## Sources

- sharecafe.com.au: https://www.sharecafe.com.au/2017/12/14/fed-raises-rates-eyes-2018-increases/

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