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Dallas Fed President Lorie Logan said the Federal Reserve should raise rates by at least two more quarter-percentage-point steps and may need to move faster this winter. She said a pause to assess conditions could make sense after those increases.
Expectations of tighter US monetary policy can support the dollar, increasing the cost of dollar-priced feed imports for buyers using other currencies.
After 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.