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Fed Vice Chairman Stanley Fischer gave a speech via videoconference at a Central Bank of Chile conference on how U.S. monetary policy affects the global economy. He said spillovers from ongoing U.S. policy normalization should generally be manageable for foreign economies.
Expected gradual Fed tightening tends to firm the dollar and pressure emerging-market currencies, which can raise the cost of dollar-priced grain and oilseed imports for buyers in those markets.
federalreserve.govNov 11, 2016After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
