# Interest rates: Aussie dollar feels the chill as Federal Reserve cools rate cut hopes

> The Australian dollar fell to a six-week low of US64.24 cents as the greenback rallied after Fed Chair Powell showed no hurry to cut rates, citing tariff-related inflation concerns. Strong earnings from Microsoft and Meta also supported the US dollar.

- Date: 2025-07-31 · published 2025-07-31T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/24036-interest-rates-aussie-dollar-feels-the-chill-as-federal-reserve-cools-rate-cut
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Australian Dollar (USD per AUD)](https://feedsoft.ai/c/AUDUSD.md)

## Why it matters

A firmer dollar makes USD-priced grains and meals costlier for importers outside the US, which can weigh on US export demand and prices.

## Read by commodity

- DXY: bullish ▲
- AUDUSD: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-02-23 | [The market has adjusted its views of how the Federal Reserve will raise interest rates](https://feedsoft.ai/events/42642-the-market-has-adjusted-its-views-of-how-the-federal-reserve-will-raise.md) | +1.0% | +1.2% |
| DXY | 2016-11-02 | [The Federal Reserve looks ready to roll with an interest rate hike in December](https://feedsoft.ai/events/73752-the-federal-reserve-looks-ready-to-roll-with-an-interest-rate-hike-in-december.md) | -0.6% | +3.2% |
| DXY | 2019-11-27 | [Trade hopes lift dollar, rate cut forecast hobbles Aussie](https://feedsoft.ai/events/56325-trade-hopes-lift-dollar-rate-cut-forecast-hobbles-aussie.md) | -0.3% | -1.6% |
| DXY | 2026-05-19 | [US Federal Reserve, RBA interest rates:  Why a hot US economy and Middle East conflict weight on Australian dollar](https://feedsoft.ai/events/19506-us-federal-reserve-rba-interest-rates-why-a-hot-us-economy-and-middle-east.md) | +0.1% | +0.2% |
| DXY | 2024-06-07 | [Dollar Rallies and Gold Sinks as Fed Rate Cut Hopes Recede](https://feedsoft.ai/events/8477-dollar-rallies-and-gold-sinks-as-fed-rate-cut-hopes-recede.md) | +1.4% | +0.8% |

## Sources

- afr.com: https://www.afr.com/markets/debt-markets/aussie-dollar-tumbles-as-the-fed-and-rba-diverge-on-rates-20250731-p5mj6e

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.