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New York Fed President William Dudley gave a speech on how financial conditions shape the economic outlook and monetary policy. He said he had long focused on financial conditions in his forecasting.
The remarks reflect his own views and not the FOMC's.
The speech offers general guidance on how the Fed weighs financial conditions, with no direct price signal for feed commodities.
newyorkfed.orgMar 30, 2017After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
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.
