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South Korea's finance ministry said the Fed's plan to begin shrinking its $4.5 trillion balance sheet in October would not immediately lift domestic rates. The Fed's initial reduction of $10 billion per month was in line with market expectations.
The ministry expected the rate effect to be gradual.
Fed balance-sheet normalization that is already priced in has limited direct effect on feed commodity prices. It may matter over time through the dollar and interest-rate channel.
pulse.mk.co.krSep 21, 2017Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
