# A divided Fed reduces rates but may not cut again this year | AP News

> The Federal Reserve cut its benchmark rate by a quarter point to a range of 1.75% to 2%, a move widely expected by markets. The decision was sharply divided, with several officials dissenting.

- Date: 2019-09-18 · published 2019-09-18T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/56970-a-divided-fed-reduces-rates-but-may-not-cut-again-this-year-ap-news
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower US rates tend to weaken the dollar, which supports dollar-priced commodities, while easier financing can support demand for feed and livestock. The divided vote leaves the path of further cuts uncertain.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-09-18 | [Fed gets more divided as three members vote against rate cut](https://feedsoft.ai/events/56975-fed-gets-more-divided-as-three-members-vote-against-rate-cut.md) | +0.2% | -0.3% |
| DXY | 2024-07-10 | [Why the Fed cutting interest rates may weaken the U.S. dollar](https://feedsoft.ai/events/29459-why-the-fed-cutting-interest-rates-may-weaken-the-u-s-dollar.md) | -0.6% | +0.2% |
| 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 | 2025-03-26 | [Fed's Goolsbee sees lower interest rates in a year's time, but warns of uncertainties, FT reports](https://feedsoft.ai/events/25476-fed-s-goolsbee-sees-lower-interest-rates-in-a-year-s-time-but-warns-of.md) | +0.3% | -2.9% |
| DXY | 2024-06-05 | [US dollar to weaken, but Fed rate cuts are required, say strategists:  Reuters poll](https://feedsoft.ai/events/29967-us-dollar-to-weaken-but-fed-rate-cuts-are-required-say-strategists-reuters-poll.md) | +1.1% | +0.9% |

## Sources

- apnews.com: https://apnews.com/article/aee55122667b40f78657a293ba2c83dc

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