Fed rate pause raises concerns over costs and global growth

After 2,356 past bullish macro events, DXY moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% over 20.

• Mar 21, 2018Fed hikes rates and raises GDP forecast again-0.8%
• Jan 24, 2025Bond Market Selloff and Trump Concerns | Global Banking & Finance Review-0.1%
• Apr 19, 2024Fed's rate-cut foot-dragging grates on global peers at IMF meetings | Reuters-0.1%
• Dec 4, 2022Oil falls over 3% after data raises Fed interest rate worries | Reuters+0.3%
• Apr 27, 2022Dollar hits five-year high, growth concerns dent euro+0.6%

After 320 past bullish macro events, BRENT moved a median +0.8% over 5 sessions (58% higher; middle half -2.8% to +3.8%), and +1.3% over 20.

• Mar 6, 2026Palm oil prices rise 4% as higher energy costs lift biofuel spread margins | S&P Global+16.6%
• Jan 18, 2024Oil prices rise on global demand forecasts, US crude stock draw+3.5%
• Aug 23, 2024Oil climbs over 2% after Fed's Powell indicates US rate cuts | Reuters+3.5%
• May 26, 2021Equities, dollar rise as Fed officials downplay inflation concerns+3.3%
• Jul 30, 2025Global stock index dips, dollar climbs as Fed's Powell holds off on Sept rate cut verdict-6.1%