# US Fed leaves rates unchanged; warns coronavirus could hurt US | Al Jazeera Mirror

> The Fed held rates steady at 1.50-1.75% at its first meeting of 2020, with a unanimous decision. Chair Powell warned that the coronavirus outbreak in China could hurt Chinese output and spill over into the US economy. The statement was little changed from December.

- Date: 2020-01-29 · published 2020-01-29T12:00:00.000Z
- Category: disease · region China · magnitude medium
- Page: https://feedsoft.ai/events/54997-us-fed-leaves-rates-unchanged-warns-coronavirus-could-hurt-us-al-jazeera-mirror
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Soybean Meal](https://feedsoft.ai/c/SBM.md), [Corn](https://feedsoft.ai/c/CORN.md)

## Why it matters

Coronavirus-driven slowdown fears in China, a major importer of feed ingredients, add downside risk to demand and prices across ag and energy markets.

## Read by commodity

- SBM: bearish ▼
- WTI: bearish ▼
- CORN: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2021-11-26 | [Oil crashes as coronavirus strain threatens demand recovery \| Oil and Gas News \| Al Jazeera](https://feedsoft.ai/events/4773-oil-crashes-as-coronavirus-strain-threatens-demand-recovery-oil-and-gas-news-al.md) | -15.0% | -5.7% |
| WTI | 2020-02-23 | [South Korea stocks plunge, country raises coronavirus alert to 'highest level'](https://feedsoft.ai/events/54824-south-korea-stocks-plunge-country-raises-coronavirus-alert-to-highest-level.md) | -16.0% | -61.7% |
| WTI | 2020-01-30 | [How coronavirus, climate change and OPEC will continue to move crude oil prices](https://feedsoft.ai/events/55264-how-coronavirus-climate-change-and-opec-will-continue-to-move-crude-oil-prices.md) | -4.6% | -11.6% |
| WTI | 2020-01-27 | [Oil hits more than 3-month low on fears coronavirus will slow growth](https://feedsoft.ai/events/55262-oil-hits-more-than-3-month-low-on-fears-coronavirus-will-slow-growth.md) | -4.7% | -5.1% |
| WTI | 2020-02-03 | [Oil hits 13-month lows as coronavirus cuts demand](https://feedsoft.ai/events/7406-oil-hits-13-month-lows-as-coronavirus-cuts-demand.md) | -2.4% | -9.3% |
| SBM | 2020-02-04 | [China coronavirus curbs leave Hubei poultry farmers with 'no way to get by'](https://feedsoft.ai/events/54617-china-coronavirus-curbs-leave-hubei-poultry-farmers-with-no-way-to-get-by.md) | +0.6% | +4.8% |
| SBM | 2020-03-04 | [Coronavirus complicates ASF situation in China \| Feed Strategy](https://feedsoft.ai/events/54125-coronavirus-complicates-asf-situation-in-china-feed-strategy.md) | -2.6% | +5.8% |
| SBM | 2020-03-18 | [Ground Report: A Fake Video About Coronavirus Has Battered India’s Poultry Sector – The Wire Science](https://feedsoft.ai/events/54287-ground-report-a-fake-video-about-coronavirus-has-battered-india-s-poultry.md) | +11.3% | -2.0% |

## Sources

- aljazeeranews-mggx1uo47w.edgeone.app: https://aljazeeranews-mggx1uo47w.edgeone.app/economy/2020/1/29/us-fed-leaves-rates-unchanged-warns-coronavirus-could-hurt-us

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