# Three-peat? Fed copies 1990s playbook in bid to avert a downturn

> The article previews the Fed's policy decision, noting that a failure to cut rates could upset financial markets that are confident another cut is coming. It notes that billions of dollars in futures bets are tied to expected Fed actions. The piece compares the current easing to the 1990s playbook aimed at avoiding a downturn.

- Date: 2019-10-29 · published 2019-10-29T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/56778-three-peat-fed-copies-1990s-playbook-in-bid-to-avert-a-downturn
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Rate expectations drive the dollar and risk appetite, which affect the cost of dollar-priced feed commodities and fund flows into commodity markets. A surprise hold could move the dollar and commodity prices sharply.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-04-01 | [Fed sees three rate cuts in 2024 but a more shallow easing path](https://feedsoft.ai/events/31391-fed-sees-three-rate-cuts-in-2024-but-a-more-shallow-easing-path.md) | -0.0% | +1.6% |
| DXY | 2022-07-26 | [Is the dollar about to take a turn?](https://feedsoft.ai/events/40682-is-the-dollar-about-to-take-a-turn.md) | -0.9% | +0.9% |
| DXY | 2018-06-13 | [US Dollar on Cusp of Renewed Downtrend as Faster-Fed Fails to Inspire the Market](https://feedsoft.ai/events/64711-us-dollar-on-cusp-of-renewed-downtrend-as-faster-fed-fails-to-inspire-the-market.md) | +1.3% | +0.6% |
| DXY | 2019-10-31 | [Trump bets on Fed cuts to help the dollar. Don't count on it](https://feedsoft.ai/events/56774-trump-bets-on-fed-cuts-to-help-the-dollar-don-t-count-on-it.md) | -0.1% | +0.8% |
| DXY | 2017-03-15 | [Will A Fed Rate Hike Boost The Price Of Oil? \| Investing.com](https://feedsoft.ai/events/71924-will-a-fed-rate-hike-boost-the-price-of-oil-investing-com.md) | -1.5% | -1.3% |

## Sources

- reuters.com: https://www.reuters.com/article/economy/three-peat-fed-copies-1990s-playbook-in-bid-to-avert-a-downturn-idUSKBN1X80EY/

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