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The Fed left its benchmark rate in the 4.25%-4.50% range after cutting 100 basis points since September. It also dropped a reference to inflation having made progress toward its 2% goal.
A separate forecast points to an import surge curbing US economic growth in the fourth quarter.
Slower US growth would reduce demand for energy and industrial commodities, while a firmer rate outlook supports the dollar. Neither effect is a direct driver of feed grain or meal prices.
reuters.comLucia MutikaniJan 30, 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.
