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The FOMC unanimously kept rates at 4.25%-4.50%, and US gold futures settled 0.9% lower. The decision came alongside easing US-China trade tensions.
Holding rates steady supports the dollar and reduces gold's appeal, with limited direct effect on feed grain prices.
reuters.comSherin Elizabeth VargheseMay 7, 2025After 2,356 past bullish macro events, US Dollar (Broad) moved a median +0.2% over 5 sessions (60% higher; middle half -0.3% to +0.7%), and +0.4% 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.
