# Fed Holds the Course at September 2021 Meeting

> The FOMC held the federal funds rate at 0% to 0.25% and kept asset purchases at the current pace at its September 22, 2021 meeting. Officials said tapering may soon be warranted and signaled possible rate hikes in 2022.

- Date: 2021-09-22 · published 2021-09-22T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/44963-fed-holds-the-course-at-september-2021-meeting
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of earlier tightening strengthen the dollar and raise the cost of holding commodities, a modest bearish factor for feed prices.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-09-20 | [Live Coverage of the Fed's September Meeting](https://feedsoft.ai/events/34006-live-coverage-of-the-fed-s-september-meeting.md) | +1.1% | +2.2% |
| DXY | 2021-06-21 | [Rupiah on the slide since Fed meeting - Tue, June 22, 2021 - The Jakarta Post](https://feedsoft.ai/events/46897-rupiah-on-the-slide-since-fed-meeting-tue-june-22-2021-the-jakarta-post.md) | -1.0% | +0.4% |
| DXY | 2018-12-20 | [USDZAR jumps following the Fed meeting](https://feedsoft.ai/events/61834-usdzar-jumps-following-the-fed-meeting.md) | -0.1% | -1.1% |
| DXY | 2018-09-26 | [Text of the Fed's statement after its meeting Wednesday \| AP News](https://feedsoft.ai/events/62953-text-of-the-fed-s-statement-after-its-meeting-wednesday-ap-news.md) | +0.2% | +1.5% |
| DXY | 2021-06-17 | [Global Stocks Tumble, Gold Slides After the Fed Meeting - Markets Insider](https://feedsoft.ai/events/12553-global-stocks-tumble-gold-slides-after-the-fed-meeting-markets-insider.md) | +1.1% | +1.7% |

## Sources

- investopedia.com: https://www.investopedia.com/fed-holds-the-course-at-september-2021-meeting-5202395

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