# Fed's cautious tone a reprieve for rate-sensitive sectors, commodities - The Business Times

> US stocks rose and Treasury yields fell after the Fed raised rates by a quarter point to 0.75%-1% but kept its dot plot unchanged at two more hikes this year. Futures had priced a near-certain hike. The dollar fell sharply and rate-sensitive sectors and commodities recovered after the previous week's selloff.

- Date: 2017-03-16 · published 2017-03-16T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/71923-fed-s-cautious-tone-a-reprieve-for-rate-sensitive-sectors-commodities-the
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

A less hawkish Fed weakens the dollar and reduces pressure on commodity prices, supporting feed ingredient values after the recent slide.

## Read by commodity

- DXY: bearish ▼
- WTI: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-09-19 | [Rate cut a plus for some commodities, but demand and supply forces will still be key - The Business Times](https://feedsoft.ai/events/28217-rate-cut-a-plus-for-some-commodities-but-demand-and-supply-forces-will-still-be.md) | -0.1% | +2.1% |
| DXY | 2019-10-30 | [Fed cuts rates for the third time as US economy slows \| CNN Business](https://feedsoft.ai/events/56485-fed-cuts-rates-for-the-third-time-as-us-economy-slows-cnn-business.md) | +0.1% | +1.0% |
| DXY | 2018-02-22 | [NZ dollar follows Wall Street, commodities higher as investors reassess US rate track \| BusinessDesk](https://feedsoft.ai/events/66410-nz-dollar-follows-wall-street-commodities-higher-as-investors-reassess-us-rate.md) | +0.5% | -0.1% |
| DXY | 2017-12-13 | [Gold jumps 1% as dollar slips on Fed rate outlook - The Business Times](https://feedsoft.ai/events/67390-gold-jumps-1-as-dollar-slips-on-fed-rate-outlook-the-business-times.md) | -0.4% | -1.8% |
| DXY | 2023-08-28 | [US dollar eases versus euro as investors ponder Fed, ECB rate paths  - The Business Times](https://feedsoft.ai/events/34786-us-dollar-eases-versus-euro-as-investors-ponder-fed-ecb-rate-paths-the-business.md) | +0.2% | +1.3% |
| WTI | 2023-10-06 | [Commodity sector supported by peak rates, tight supply focus \| Saxo](https://feedsoft.ai/events/33535-commodity-sector-supported-by-peak-rates-tight-supply-focus-saxo.md) | +0.7% | +0.7% |
| WTI | 2017-03-17 | [Dollar crunched by cautious Fed, bonds and commodities cheer \| Daily FT](https://feedsoft.ai/events/71922-dollar-crunched-by-cautious-fed-bonds-and-commodities-cheer-daily-ft.md) | -2.5% | +9.8% |
| WTI | 2019-06-20 | [The Commodities Feed: Dovish Fed sees commodities rally \| snaps \| ING THINK](https://feedsoft.ai/events/58509-the-commodities-feed-dovish-fed-sees-commodities-rally-snaps-ing-think.md) | +10.2% | +2.6% |

## Sources

- businesstimes.com.sg: https://www.businesstimes.com.sg/international/feds-cautious-tone-reprieve-rate-sensitive-sectors-commodities

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