# Fed signals interest rates will keep going higher as it exits financial crisis policy

> The Fed held rates steady while signaling it is in a tightening mode, moving ahead with balance sheet reduction and keeping its rate forecasts for this year and next. Treasury yields rose across the curve, with the 10-year reaching 2.28 percent.

- Date: 2017-09-20 · published 2017-09-20T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/69149-fed-signals-interest-rates-will-keep-going-higher-as-it-exits-financial-crisis
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rising yields and a hawkish Fed strengthen the dollar, a headwind for dollar-priced commodities and a cost factor for carrying feed stocks.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-05-26 | [C$ posts weekly decline as investors eye higher U.S. rates \| Financial Post](https://feedsoft.ai/events/36184-c-posts-weekly-decline-as-investors-eye-higher-u-s-rates-financial-post.md) | -0.7% | -1.5% |
| DXY | 2017-05-03 | [U.S. Federal Reserve holds rate, but signals further hikes ahead - Financial Post](https://feedsoft.ai/events/71187-u-s-federal-reserve-holds-rate-but-signals-further-hikes-ahead-financial-post.md) | +0.6% | -1.2% |
| DXY | 2026-08-31 | [Rand Gives Back Gains After Fed Signals Higher Rates - Finimize](https://feedsoft.ai/events/18184-rand-gives-back-gains-after-fed-signals-higher-rates-finimize.md) | -0.6% | +1.6% |
| DXY | 2018-02-28 | [Will the Australian dollar get crushed as US interest rates storm higher? - ABC News](https://feedsoft.ai/events/66746-will-the-australian-dollar-get-crushed-as-us-interest-rates-storm-higher-abc.md) | -0.1% | -0.5% |
| 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% |

## Sources

- cnbc.com: https://www.cnbc.com/2017/09/20/fed-signals-interest-rates-will-keep-going-higher-as-it-exits-financial-crisis-policy.html

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