
The Federal Reserve raised its benchmark rate by 25 basis points, as widely expected, and kept its outlook for a third hike in 2017. The statement was more optimistic than expected, noting solid employment and expanding household spending despite softer inflation.
The dollar surged after the decision.
A hawkish Fed lifts USD-denominated yields and the dollar, which tends to pressure dollar-priced commodities and raises import costs for feed buyers in other currencies.
Após 2.356 eventos altista de macro passados, Dólar americano (amplo) subiu em mediana +0,2% em 5 sessões (60% de alta; metade central de -0,3% a +0,7%), e +0,4% em 20.
Variações do benchmark de cada commodity desde o último fechamento antes do evento. As leituras históricas agregam eventos passados do mesmo tipo; descrevem o que aconteceu, não o que vai acontecer. Não é recomendação de investimento.
The hawkish Fed hike with an intact third-hike outlook and balance sheet reduction plan triggered a dollar surge, which is the main driver of the move.