# Materials Down After Fed Minutes -- Materials Roundup | Fox Business

> Shares of commodity producers dipped after Fed minutes from the November 1 meeting pointed to a rate increase in the near term. Officials were seen as preparing for a December move.

- Date: 2017-11-22 · published 2017-11-22T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/67898-materials-down-after-fed-minutes-materials-roundup-fox-business
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expected rate increases tend to strengthen the dollar, which can weigh on raw-material prices. The effect on feed commodities is indirect and modest.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2017-05-03 | [Dollar Inches up as Fed Eyed for June Rate Steer \| Fox Business](https://feedsoft.ai/events/71192-dollar-inches-up-as-fed-eyed-for-june-rate-steer-fox-business.md) | +0.6% | -1.2% |
| DXY | 2018-10-17 | [Dollar extends gains as traders await Fed minutes - The Business Times](https://feedsoft.ai/events/62717-dollar-extends-gains-as-traders-await-fed-minutes-the-business-times.md) | +1.1% | +2.3% |
| DXY | 2018-10-03 | [US dollar strengthens after Fed comments - The Business Times](https://feedsoft.ai/events/62721-us-dollar-strengthens-after-fed-comments-the-business-times.md) | +0.6% | +2.3% |
| DXY | 2018-10-17 | [edges lower as dollar gains after hawkish Fed minutes](https://feedsoft.ai/events/62444-edges-lower-as-dollar-gains-after-hawkish-fed-minutes.md) | +1.1% | +2.3% |
| DXY | 2022-11-15 | [Dollar rebounds as Fed officials say hikes to continue; yen slumps - Markets - Business Recorder](https://feedsoft.ai/events/38941-dollar-rebounds-as-fed-officials-say-hikes-to-continue-yen-slumps-markets.md) | +1.0% | -1.3% |

## Sources

- foxbusiness.com: https://www.foxbusiness.com/features/materials-down-after-fed-minutes-materials-roundup

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