# Amid hiring troubles, rising prices, U.S. growth gains speed -Fed

> The Federal Reserve reported that the US economic recovery accelerated in recent weeks despite supply chain problems and hiring difficulties. Prices were rising and were expected to keep rising.

- Date: 2021-06-02 · published 2021-06-02T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/6783-amid-hiring-troubles-rising-prices-u-s-growth-gains-speed-fed
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Stronger growth and rising prices point to firmer demand for energy and food commodities, while inflation expectations could influence rates and the dollar.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-12-02 | [Dollar gives back gains, strong wage growth complicates Fed policy](https://feedsoft.ai/events/38422-dollar-gives-back-gains-strong-wage-growth-complicates-fed-policy.md) | +0.3% | -0.5% |
| DXY | 2022-08-17 | [Dollar pares gains as some Fed officials show caution on growth \| Reuters](https://feedsoft.ai/events/39940-dollar-pares-gains-as-some-fed-officials-show-caution-on-growth-reuters.md) | +1.1% | +2.3% |
| DXY | 2024-02-14 | [US dollar drifts lower, consolidates gains; seen rising further](https://feedsoft.ai/events/31869-us-dollar-drifts-lower-consolidates-gains-seen-rising-further.md) | -0.4% | -1.3% |
| DXY | 2026-03-20 | [Dollar set for weekly drop as central banks turn hawkish with rising oil prices \| Reuters](https://feedsoft.ai/events/20350-dollar-set-for-weekly-drop-as-central-banks-turn-hawkish-with-rising-oil-prices.md) | +0.2% | -1.5% |
| DXY | 2017-03-15 | [Will A Fed Rate Hike Boost The Price Of Oil? \| Investing.com](https://feedsoft.ai/events/71924-will-a-fed-rate-hike-boost-the-price-of-oil-investing-com.md) | -1.5% | -1.3% |

## Sources

- reuters.com: https://www.reuters.com/business/amid-hiring-troubles-rising-prices-us-growth-gains-speed-fed-2021-06-02/

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