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A short excerpt of Fed commentary says the central bank kept rates near zero and maintained large asset purchases. The text gives no market move or new data.
The content repeats an accommodative policy stance already priced in, so the direct effect on grain and feed markets is minimal.
nytimes.comJan 27, 2021After 4,478 past macro events, US Dollar (Broad) moved a median +0.0% over 5 sessions (51% higher; middle half -0.4% to +0.5%), and +0.1% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
