# FOMC Holds Rates, Treasuries, Gold Higher - Passport to Wall Street

> The FOMC held the federal funds rate at 1.50-1.75% as expected and raised the interest on excess reserves by five basis points. Treasuries rallied with the 10-year yield falling to about 1.59%, while gold moved higher. The statement shifted inflation language and downgraded household spending to moderate growth, seen as marginally dovish.

- Date: 2020-01-30 · published 2020-01-30T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/54991-fomc-holds-rates-treasuries-gold-higher-passport-to-wall-street
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower-for-longer rates and a softer dollar tend to support commodity prices, though gains are tempered by safe-haven demand. For feed buyers the effect on grain and meal prices is indirect and modest.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-01-21 | [Weakening Dollar Good News For Commodities - Passport to Wall Street](https://feedsoft.ai/events/54999-weakening-dollar-good-news-for-commodities-passport-to-wall-street.md) | +0.6% | +1.3% |
| DXY | 2026-07-29 | [Gold trims gain as Fed holds rates, signals hike support](https://feedsoft.ai/events/18264-gold-trims-gain-as-fed-holds-rates-signals-hike-support.md) | -0.9% | -2.0% |
| DXY | 2018-02-22 | [NZ dollar follows Wall Street, commodities higher as investors reassess US rate track \| BusinessDesk](https://feedsoft.ai/events/66410-nz-dollar-follows-wall-street-commodities-higher-as-investors-reassess-us-rate.md) | +0.5% | -0.1% |
| DXY | 2024-07-16 | [Gold sprints to all-time high as Fed rate-cut hopes boost demand](https://feedsoft.ai/events/29143-gold-sprints-to-all-time-high-as-fed-rate-cut-hopes-boost-demand.md) | +0.5% | +0.5% |
| DXY | 2023-12-01 | [Gold hits record high on bets for March start to Fed rate cuts](https://feedsoft.ai/events/32473-gold-hits-record-high-on-bets-for-march-start-to-fed-rate-cuts.md) | +0.3% | -1.5% |

## Sources

- pws.io: https://www.pws.io/fomc-holds-rates-treasuries-gold-higher

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