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Ahead of a two-day Fed meeting, analysts expected the Fed to hold rates near 3.6% amid war-driven inflation risks and leadership uncertainty. Brent was reported at $105.30 and WTI at $94.40 after Strait of Hormuz supply disruptions.
Expected rate holds and elevated crude keep inflation and input costs high for feed producers. The outlook is largely priced in, so the direct price impact is limited.
After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% 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.