# Speech by Vice Chairman Fischer on U.S. monetary policy from an international perspective - Federal Reserve Board

> 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.

- Date: 2016-11-11 · published 2016-11-11T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/73749-speech-by-vice-chairman-fischer-on-u-s-monetary-policy-from-an-international
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

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.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-12-18 | [U.S. Federal Reserve cuts interest rates by another quarter point \| CBC News](https://feedsoft.ai/events/26852-u-s-federal-reserve-cuts-interest-rates-by-another-quarter-point-cbc-news.md) | +0.7% | +1.5% |
| DXY | 2022-01-27 | [Bond yields rise, rupee falls on US Federal Reserve policy and crude prices \| News on Markets - Business Standard](https://feedsoft.ai/events/43416-bond-yields-rise-rupee-falls-on-us-federal-reserve-policy-and-crude-prices-news.md) | +0.1% | +0.7% |
| DXY | 2021-11-23 | [Indian bonds, rupee weaken on Jerome Powell’s new term at U.S. Federal Reserve - The Hindu](https://feedsoft.ai/events/44317-indian-bonds-rupee-weaken-on-jerome-powell-s-new-term-at-u-s-federal-reserve.md) | +0.5% | +0.4% |
| DXY | 2022-10-11 | [An Update on the Economy and Monetary Policy: Perseverance in Returning to Price Stability](https://feedsoft.ai/events/39041-an-update-on-the-economy-and-monetary-policy-perseverance-in-returning-to-price.md) | +0.3% | -0.8% |
| DXY | 2017-06-15 | [Federal Reserve Board - Federal Reserve Board approves action by the Boards of Directors of the Federal Reserve Banks of New York, St. Louis, and Minneapolis](https://feedsoft.ai/events/70399-federal-reserve-board-federal-reserve-board-approves-action-by-the-boards-of.md) | +1.1% | -0.5% |

## Sources

- federalreserve.gov: https://www.federalreserve.gov/newsevents/speech/fischer20161111a.htm

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