# US Fed keeps rates unchanged as Powell says ‘not time for taper talk’; Dollar falls

> The Fed held its benchmark rate at 0.25% and kept its bond purchase program unchanged on April 28. Powell said it was not time to discuss tapering, and the dollar fell while the 10-year Treasury yield rose to 1.64%. The Fed statement indicated rates would stay low for a long time.

- Date: 2021-04-28 · published 2021-04-28T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/47794-us-fed-keeps-rates-unchanged-as-powell-says-not-time-for-taper-talk-dollar-falls
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Steady rates and a dovish Fed push the dollar lower, which supports dollar-priced commodities. Higher yields limit the move, so the effect on feed prices is modest.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-11-28 | [Dollar drops as Fed's Powell says rates near neutral](https://feedsoft.ai/events/62245-dollar-drops-as-fed-s-powell-says-rates-near-neutral.md) | -0.8% | -0.8% |
| DXY | 2021-02-01 | [Dollar inches lower after Fed's Powell says not hiking rates anytime soon](https://feedsoft.ai/events/49342-dollar-inches-lower-after-fed-s-powell-says-not-hiking-rates-anytime-soon.md) | +0.3% | +0.5% |
| DXY | 2026-07-29 | [Dollar Falls to One-Week Low After Fed Keeps Interest Rates Unchanged - Bloomberg](https://feedsoft.ai/events/8419-dollar-falls-to-one-week-low-after-fed-keeps-interest-rates-unchanged-bloomberg.md) | -0.9% | -2.0% |
| DXY | 2020-11-05 | [Dollar drops as stocks surge, Fed keeps policy unchanged](https://feedsoft.ai/events/50331-dollar-drops-as-stocks-surge-fed-keeps-policy-unchanged.md) | -0.8% | -2.9% |
| DXY | 2021-07-28 | [US dollar, stocks dip as Fed keeps taper timing close to chest](https://feedsoft.ai/events/45971-us-dollar-stocks-dip-as-fed-keeps-taper-timing-close-to-chest.md) | -0.4% | +0.4% |

## Sources

- financial-world.org: https://www.financial-world.org/news/news/economy/7563/us-fed-keeps-rates-unchanged-as-powell-says-not-time-for-taper-talk-dollar-falls/

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