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Fed Governor Austan Goolsbee said he expects interest rates to fall meaningfully in 12 to 18 months, while warning of uncertainties. The Fed had kept its rate in the 4.25%-4.50% range and still signaled cuts later this year.
Expected future rate cuts can weaken the dollar and support commodity prices, though the effect on feed markets is indirect.
reuters.comMar 26, 2025After 359 past neutral macro events, US Dollar (Broad) moved a median -0.0% over 5 sessions (49% higher; middle half -0.4% to +0.4%), 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.
