Fed says US economy has 'made progress' but holds rates at near-zero

After 1,637 past bearish macro events, US Dollar (Broad) moved a median -0.2% over 5 sessions (39% higher; middle half -0.6% to +0.3%), and -0.2% over 20.

• Dec 16, 2020Fed keeps rate near zero and sees brighter economy in 2021 | AP News+0.3%
• Oct 30, 2019Fed cuts rates for the third time as US economy slows | CNN Business+0.1%
• Nov 28, 2018Dollar drops as Fed's Powell says rates near neutral-0.8%
• Jun 15, 2022Dollar dips as Fed hikes rates, flags slowing economy-0.9%
• Jun 3, 2024Gold rises as soft US economic data spurs Fed rate cut bets+1.2%

After 151 past bullish macro events, Corn moved a median +0.2% over 5 sessions (57% higher; middle half -0.9% to +1.4%), and -0.3% over 20.

• Apr 28, 2021Fed decision April 2021: Interest rates held near zero, sees faster growth+4.4%
• Dec 11, 2019Dollar slips to 4-month low as Fed holds rates, nixes hike hopes+5.1%
• Oct 31, 2023US dollar falls as markets believe Fed is done hiking rates | Reuters+1.1%
• Sep 20, 2024Bullish macro-economic environment and hot U.S. finishing weather boost CBOT prices – ProAgri Media+0.0%
• Jul 31, 2024'Need Greater Confidence In Inflation..': US Fed On Possible Rate Cut In September; What It Means For Gold, Dollar? - Goodreturns-0.2%

After 123 past bullish macro events, Soybeans moved a median +0.3% over 5 sessions (60% higher; middle half -1.0% to +1.8%), and -0.4% over 20.

• Apr 28, 2021Fed decision April 2021: Interest rates held near zero, sees faster growth+1.8%
• Dec 11, 2019Dollar slips to 4-month low as Fed holds rates, nixes hike hopes+3.1%
• Oct 31, 2023US dollar falls as markets believe Fed is done hiking rates | Reuters+4.5%
• Oct 28, 2025AUD/USD steadies as RBA rate cut bets ease, Fed decision in focus+4.9%
• Sep 20, 2024Bullish macro-economic environment and hot U.S. finishing weather boost CBOT prices – ProAgri Media+2.7%