# FOMC meeting round-up: Where are U.S. dollar, gold and Japan 225 headed? | IG International

> The Fed delivered a 25bp cut to 4.25%-4.5%, but its projections showed two cuts in 2025 rather than the three markets expected, with inflation forecasts revised up to 2.5%. Equities sold off on the hawkish tone after a strong year.

- Date: 2024-12-19 · published 2024-12-19T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/26851-fomc-meeting-round-up-where-are-u-s-dollar-gold-and-japan-225-headed-ig
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A slower easing path keeps the dollar firm and financial conditions tighter, which weighs on commodity prices and on import demand from dollar-borrowing emerging markets. Feed buyers face a stronger-dollar backdrop into early 2025.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-06-15 | [High-for-longer rate outlook as takeaway from FOMC meeting: Gold, Copper, US dollar \| IG International](https://feedsoft.ai/events/35415-high-for-longer-rate-outlook-as-takeaway-from-fomc-meeting-gold-copper-us.md) | -0.0% | -1.5% |
| DXY | 2024-05-23 | [USD: Fed minutes boost the dollar \| IG International](https://feedsoft.ai/events/30147-usd-fed-minutes-boost-the-dollar-ig-international.md) | +0.3% | +2.1% |
| DXY | 2023-09-08 | [Why the US Fed's interest rate pause is a win for dollar bulls \| The National](https://feedsoft.ai/events/34010-why-the-us-fed-s-interest-rate-pause-is-a-win-for-dollar-bulls-the-national.md) | -0.6% | +1.6% |
| DXY | 2018-09-30 | [Is the US dollar heading for a crash?  \| The National](https://feedsoft.ai/events/63245-is-the-us-dollar-heading-for-a-crash-the-national.md) | +0.7% | +1.8% |
| DXY | 2017-10-29 | [Pound To Dollar Exchange Rate Outlook: BoE And FOMC Meetings Ahead \| Exchange Rates UK](https://feedsoft.ai/events/68719-pound-to-dollar-exchange-rate-outlook-boe-and-fomc-meetings-ahead-exchange.md) | -0.2% | -1.6% |

## Sources

- ig.com: https://www.ig.com/en/news-and-trade-ideas/fomc-meeting-round-up--where-are-u-s--dollar--gold-and-japan-225-241219

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