# Fed decision January 2021: rates unchanged

> The Federal Reserve kept its benchmark rate near zero and its asset purchases at no less than $120 billion a month after its January 2021 meeting. The statement said growth had moderated and added vaccine progress to its watchlist.

- Date: 2021-01-27 · published 2021-01-27T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/49064-fed-decision-january-2021-rates-unchanged
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Near-zero rates and heavy bond buying keep the dollar under mild pressure and support commodities as real-asset holdings, though the effect on feed prices is indirect.

## Read by commodity

- DXY: bearish ▼

## 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 | 2019-01-30 | [Fed leaves rates unchanged](https://feedsoft.ai/events/61003-fed-leaves-rates-unchanged.md) | +0.0% | +0.2% |
| DXY | 2021-04-28 | [Fed decision April 2021: Interest rates held near zero, sees faster growth](https://feedsoft.ai/events/47513-fed-decision-april-2021-interest-rates-held-near-zero-sees-faster-growth.md) | +0.3% | -1.0% |
| 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 | 2021-10-29 | [Euro US Dollar Exchange Rate Jumps On ECB Rate Decision And US GDP](https://feedsoft.ai/events/44756-euro-us-dollar-exchange-rate-jumps-on-ecb-rate-decision-and-us-gdp.md) | +0.8% | +2.8% |

## Sources

- cnbc.com: https://www.cnbc.com/2021/01/27/fed-decision-january-2021-rates-unchanged.html

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