# Fed cuts interest rates again, gives mixed signals on next move | Financial Post

> The Fed cut its benchmark rate by a quarter point to 1.75% to 2% and widened the gap between the interest on excess reserves and the top of its policy range. Chair Powell said future moves would depend on data and that balance sheet growth could resume sooner than expected.

- Date: 2019-09-18 · published 2019-09-18T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/56974-fed-cuts-interest-rates-again-gives-mixed-signals-on-next-move-financial-post
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower rates and balance sheet changes can weaken the dollar, which supports dollar-priced commodities. Uncertainty about further cuts can add volatility to currency and commodity markets.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2020-09-17 | [Dollar's post Fed gains fizzle as long rate pause seen \| Financial Post](https://feedsoft.ai/events/51284-dollar-s-post-fed-gains-fizzle-as-long-rate-pause-seen-financial-post.md) | +1.6% | +0.6% |
| DXY | 2021-01-28 | [China's yuan inches up as tight liquidity pushes interbank rates higher \| Financial Post](https://feedsoft.ai/events/49361-china-s-yuan-inches-up-as-tight-liquidity-pushes-interbank-rates-higher.md) | +0.2% | -0.1% |
| DXY | 2025-10-29 | [US Dollar Index roils after Fed delivers expected interest rate moves](https://feedsoft.ai/events/22617-us-dollar-index-roils-after-fed-delivers-expected-interest-rate-moves.md) | +1.0% | +0.5% |
| DXY | 2021-01-26 | [S.African rand weakens on stimulus nerves; IMF forecast lifts lira \| Financial Post](https://feedsoft.ai/events/49432-s-african-rand-weakens-on-stimulus-nerves-imf-forecast-lifts-lira-financial-post.md) | +0.5% | +0.0% |
| 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% |

## Sources

- financialpost.com: https://financialpost.com/news/economy/u-s-federal-reserve-cuts-interest-rates-by-a-quarter-point

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