# Fed decision April 2021: Interest rates held near zero, sees faster growth

> The Federal Reserve kept its policy rate near zero and its $120 billion monthly bond purchases unchanged on April 28, 2021. The Fed acknowledged faster growth and rising inflation but called the price increases likely transitory and gave no signal of tapering.

- Date: 2021-04-28 · published 2021-04-28T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/47513-fed-decision-april-2021-interest-rates-held-near-zero-sees-faster-growth
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

Continued accommodation supports a weaker dollar and firm commodity demand, which tends to lift dollar-priced grains and oilseeds.

## Read by commodity

- DXY: bearish ▼
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-09-16 | [Fed decision September 2020: Interest rates unchanged](https://feedsoft.ai/events/51032-fed-decision-september-2020-interest-rates-unchanged.md) | +0.8% | +0.1% |
| DXY | 2020-07-29 | [Fed decision: Interest rates held steady, economic growth is 'well below' pre-pandemic level](https://feedsoft.ai/events/52026-fed-decision-interest-rates-held-steady-economic-growth-is-well-below-pre.md) | +0.4% | -0.4% |
| DXY | 2017-06-14 | [Dollar falls after Fed interest rate decision](https://feedsoft.ai/events/10197-dollar-falls-after-fed-interest-rate-decision.md) | +0.6% | -0.9% |
| DXY | 2020-06-10 | [Fed sees interest rates staying near zero through 2022, GDP bouncing to 5% next year](https://feedsoft.ai/events/52518-fed-sees-interest-rates-staying-near-zero-through-2022-gdp-bouncing-to-5-next.md) | +0.8% | +0.8% |
| DXY | 2020-12-16 | [Fed keeps rate near zero and sees brighter economy in 2021 \| AP News](https://feedsoft.ai/events/49562-fed-keeps-rate-near-zero-and-sees-brighter-economy-in-2021-ap-news.md) | +0.3% | -0.3% |
| CORN | 2021-07-28 | [Fed says US economy has 'made progress' but holds rates at near-zero](https://feedsoft.ai/events/45977-fed-says-us-economy-has-made-progress-but-holds-rates-at-near-zero.md) | +0.3% | -1.0% |
| CORN | 2023-03-31 | [Argentina's dollars drain fastest since 2019 as IMF decision looms \| Kitco News](https://feedsoft.ai/events/37154-argentina-and-apos-s-dollars-drain-fastest-since-2019-as-imf-decision-looms.md) | -1.2% | -2.1% |
| CORN | 2024-07-31 | [Fed Meeting Today: Live Analysis on Interest Rates, Powell Speech - Bloomberg](https://feedsoft.ai/events/29142-fed-meeting-today-live-analysis-on-interest-rates-powell-speech-bloomberg.md) | -0.2% | -4.2% |

## Sources

- cnbc.com: https://www.cnbc.com/2021/04/28/fed-holds-interest-rates-near-zero-sees-faster-growth-and-higher-inflation.html

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