# The Importance of Financial Conditions in the Conduct of Monetary Policy - FEDERAL RESERVE BANK of NEW YORK

> 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.

- Date: 2017-03-30 · published 2017-03-30T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/72194-the-importance-of-financial-conditions-in-the-conduct-of-monetary-policy
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The speech offers general guidance on how the Fed weighs financial conditions, with no direct price signal for feed commodities.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-10-21 | [The Federal Reserve’s New Monetary Policy Strategy](https://feedsoft.ai/events/50554-the-federal-reserve-s-new-monetary-policy-strategy.md) | -0.2% | -1.6% |
| DXY | 2020-05-21 | [The Economy in the Time of Coronavirus - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/53035-the-economy-in-the-time-of-coronavirus-federal-reserve-bank-of-new-york.md) | -0.9% | -1.5% |
| DXY | 2020-04-13 | [Federal Reserve: Monetary Policy Actions in Response to COVID-19 - EveryCRSReport.com](https://feedsoft.ai/events/53570-federal-reserve-monetary-policy-actions-in-response-to-covid-19-everycrsreport.md) | +0.6% | +0.3% |
| DXY | 2020-05-14 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the First Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/53331-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | -1.2% | -3.5% |
| DXY | 2024-02-08 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/31865-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | +0.4% | -0.6% |

## Sources

- newyorkfed.org: https://www.newyorkfed.org/newsevents/speeches/2017/dud170330

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