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The Federal Reserve's June 2020 Monetary Policy Report to Congress recaps the cut in the federal funds rate by 1.5 percentage points to a 0 to 0.25% range in March, along with increased Treasury and mortgage-backed securities holdings. The Committee expects to keep the target range until the economy is on track toward its employment and price stability goals.
Sustained near-zero rates and asset purchases support credit conditions and the broader economy, which underpins demand for livestock and feed, though the report itself signals no new policy shift.
federalreserve.govFederal Reserve (.gov)Jul 1, 2020After 139 past report events, US Dollar (Broad) moved a median -0.1% over 5 sessions (47% higher; middle half -0.5% to +0.4%), 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.
