# FRB: Part 1: Recent Economic and Financial Developments

> The Federal Reserve's February 2017 Monetary Policy Report says payroll employment has risen about 200,000 per month since June and unemployment fell to 4.8 percent in January. It also reports 2016 second-half GDP growth of 2.75 percent annualized and inflation still below the 2 percent target.

- Date: 2017-03-01 · published 2017-03-01T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/72689-frb-part-1-recent-economic-and-financial-developments
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Solid U.S. growth and inflation expectations support expectations of higher rates, which tend to strengthen the dollar and weigh on dollar-priced commodities.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-11-11 | [Brazil's real, Mexican peso hit by tepid economic data \| Financial Post](https://feedsoft.ai/events/50377-brazil-s-real-mexican-peso-hit-by-tepid-economic-data-financial-post.md) | -0.5% | -1.7% |
| DXY | 2020-09-23 | [Dollar rallies as Fed, COVID-19 and recovery worries swirl \| Financial Post](https://feedsoft.ai/events/7695-dollar-rallies-as-fed-covid-19-and-recovery-worries-swirl-financial-post.md) | +0.8% | -1.4% |
| DXY | 2020-09-17 | [Yuan falls on dollar strength after Fed's upbeat economic outlook \| Financial Post](https://feedsoft.ai/events/51315-yuan-falls-on-dollar-strength-after-fed-s-upbeat-economic-outlook-financial-post.md) | +1.6% | +0.6% |
| DXY | 2021-01-13 | [Dollar gets 'real' and spoils new year narrative: Mike Dolan \| Financial Post](https://feedsoft.ai/events/49345-dollar-gets-real-and-spoils-new-year-narrative-mike-dolan-financial-post.md) | -0.3% | -0.0% |
| DXY | 2023-05-11 | [Oil falls 2% on weak US and Chinese economic data \| Reuters](https://feedsoft.ai/events/36104-oil-falls-2-on-weak-us-and-chinese-economic-data-reuters.md) | +0.9% | +0.8% |

## Sources

- federalreserve.gov: https://www.federalreserve.gov/monetarypolicy/mpr_20170214_part1.htm

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