Low impact
Cleveland Fed President Beth Hammack warned that deteriorating inflation expectations could force the Fed to take more aggressive monetary policy action.
Bloomberg10/16, 04:33 AM
Market impact
Which way this story pushes each asset. An inference from the story, not a measured move.
USD
Would push up
DaysMedium confidence
A more hawkish Fed signal, if echoed by other officials, tends to support the dollar
Gold
Would push down
DaysMedium confidence
A more hawkish Fed stance raises the opportunity cost of holding non-yielding gold
What could change this
If other Fed officials push back or inflation expectations stabilize, the case for more aggressive action weakens.
DXY before and after this story
101.75+0.12%vs previous close
-0.26%
since this story
Measured from the price when this story was posted to the latest stored price, so it can lag the live price.
This story
09/25, 11:00 AMNow