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Fed Chair Powell said the central bank could keep its benchmark rate steady to await greater clarity on the economic impact of tariffs. He made the remarks in prepared text for the Economic Club of Chicago.
A Fed on hold keeps financing costs and the dollar steady for now, with limited direct effect on feed grain prices. Tariff uncertainty continues to weigh on trade-exposed commodity demand.
reuters.comApr 16, 2025After 4,478 past macro events, DXY 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.
