# Federal Reserve cuts US growth forecast as Trump tariff fears increase

> The Federal Reserve held its benchmark rate near 4.25%-4.5% and cut its US growth forecast while raising its inflation projection to 2.8% for 2025. Chair Jerome Powell said tariffs were a good part of recent goods price increases, and Trump called for rate cuts.

- Date: 2025-03-19 · published 2025-03-19T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/25472-federal-reserve-cuts-us-growth-forecast-as-trump-tariff-fears-increase
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A weaker US growth outlook and tariff-driven inflation point to a firmer dollar risk and softer demand expectations, with uncertain effects on feed-linked commodities and trade flows.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-12-20 | [US Federal Reserve raises rates and trims outlook for 2019 rate increases  \| The National](https://feedsoft.ai/events/61493-us-federal-reserve-raises-rates-and-trims-outlook-for-2019-rate-increases-the.md) | -0.1% | -1.1% |
| DXY | 2022-07-28 | [Federal Reserve Lifts GBP/USD Rate into Chart Resistance Near 1.2179](https://feedsoft.ai/events/40758-federal-reserve-lifts-gbp-usd-rate-into-chart-resistance-near-1-2179.md) | -0.3% | +0.2% |
| DXY | 2020-03-26 | [Coronavirus sparks US dollar dilemma for China as Federal Reserve ramps up easing \| South China Morning Post](https://feedsoft.ai/events/54322-coronavirus-sparks-us-dollar-dilemma-for-china-as-federal-reserve-ramps-up.md) | -0.8% | -0.7% |
| DXY | 2022-09-06 | [Board of Governors of the Federal Reserve System](https://feedsoft.ai/events/39787-board-of-governors-of-the-federal-reserve-system.md) | -0.4% | +2.7% |
| DXY | 2024-02-08 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/31865-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | +0.4% | -0.6% |

## Sources

- bbc.com: https://www.bbc.com/news/articles/cvgp574lvdxo

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