# BREAKING: Fed sees no more cuts, Gold down | XTB

> The Fed left rates unchanged in December and no FOMC member projected a cut in 2020 or 2021. Gold eased modestly as the dollar firmed on the outlook.

- Date: 2019-12-11 · published 2019-12-11T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/55507-breaking-fed-sees-no-more-cuts-gold-down-xtb
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Removing expectations for further cuts raises the bar for easing and supports the dollar, which tends to pressure dollar-priced commodities.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2016-11-16 | [Goldman sees Trump creating more aggressive Fed, 'ambiguous' growth](https://feedsoft.ai/events/73755-goldman-sees-trump-creating-more-aggressive-fed-ambiguous-growth.md) | +0.6% | -0.0% |
| DXY | 2025-03-20 | [Dollar rises as Fed sees no rush to cut rates](https://feedsoft.ai/events/25773-dollar-rises-as-fed-sees-no-rush-to-cut-rates.md) | +0.3% | -2.0% |
| DXY | 2024-12-18 | [Gold falls more than 2% after Fed signals rate-cut slowdown in 2025](https://feedsoft.ai/events/26848-gold-falls-more-than-2-after-fed-signals-rate-cut-slowdown-in-2025.md) | +0.7% | +1.5% |
| DXY | 2019-08-01 | [Gold prices slip to two-week low as US Fed dashes hopes of more rate cuts](https://feedsoft.ai/events/57513-gold-prices-slip-to-two-week-low-as-us-fed-dashes-hopes-of-more-rate-cuts.md) | +1.1% | +2.1% |
| DXY | 2022-07-06 | [Dollar rally saps gold's appeal as more Fed hikes loom](https://feedsoft.ai/events/40394-dollar-rally-saps-gold-s-appeal-as-more-fed-hikes-loom.md) | +0.7% | -0.5% |

## Sources

- xtb.com: https://www.xtb.com/en/market-analysis/breaking-fed-sees-no-more-cuts-gold-down

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