# More Fed officials see little need to change interest rates anytime soon

> Federal Reserve officials voted unanimously to hold interest rates steady at their December meeting, after cutting three times in 2019 to offset slowing global growth and the US-China trade war. Several officials indicated little need for changes soon.

- Date: 2019-12-17 · published 2019-12-17T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/55506-more-fed-officials-see-little-need-to-change-interest-rates-anytime-soon
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A steady policy stance removes near-term easing that would weaken the dollar, leaving currency-driven support for commodity prices limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-08-16 | [Fed officials divided in July over need for more rate hikes, minutes show \| Reuters](https://feedsoft.ai/events/34479-fed-officials-divided-in-july-over-need-for-more-rate-hikes-minutes-show-reuters.md) | +0.1% | +0.7% |
| DXY | 2019-03-26 | [It's not too soon for a Fed interest rate cut, according to this chart](https://feedsoft.ai/events/59994-it-s-not-too-soon-for-a-fed-interest-rate-cut-according-to-this-chart.md) | +0.5% | +0.3% |
| DXY | 2017-02-22 | [Many Fed Officials See Rate Hike ‘Fairly Soon,’ Minutes Show - Bloomberg](https://feedsoft.ai/events/72388-many-fed-officials-see-rate-hike-fairly-soon-minutes-show-bloomberg.md) | -0.5% | -1.5% |
| DXY | 2019-09-18 | [Fed cuts interest rates again, gives mixed signals on next move \| Financial Post](https://feedsoft.ai/events/56974-fed-cuts-interest-rates-again-gives-mixed-signals-on-next-move-financial-post.md) | +0.2% | -0.3% |
| DXY | 2023-08-31 | [Fed expected to hold interest rates steady next month](https://feedsoft.ai/events/34478-fed-expected-to-hold-interest-rates-steady-next-month.md) | +1.8% | +2.3% |

## Sources

- reuters.com: https://www.reuters.com/article/business/more-fed-officials-see-little-need-to-change-interest-rates-anytime-soon-idUSKBN1YL2E7/

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