Goldman, 'Fed rates move raw materials more than US GDP' - Breaking news. The Fed's decisions will have a greater influence on the prices of raw materials rather than the trend of US GDP.
Goldman Sachs analysts claim that "raw materials have recently had fluctuations linked to the Fed's expected cuts" On crude oil, the effect of a 100 basis point drop on two-year US government bond yields can triple, rising from 3% normally linked to a Fed decision to 9% within 1 or 2 years.