# Fed retreated from further interest-rate hikes due to unease on economy, low inflation, FOMC minutes show - MarketWatch

> FOMC minutes from the March meeting show the Fed halted planned rate hikes because of concern about slowing U.S. and global growth and unexpectedly subdued inflation. Officials remained patient, and the dot plot pointed to no rate increase in 2019.

- Date: 2019-04-10 · published 2019-04-10T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/59516-fed-retreated-from-further-interest-rate-hikes-due-to-unease-on-economy-low
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A Fed on hold for longer tends to weaken the dollar and support commodity prices, while lower-for-longer rate expectations reduce the carrying cost of holding inventories. Direct impact on feed grain prices is modest.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-10-15 | [Fed's Bullard says boost to dollar from interest rate hikes may ease \| Reuters](https://feedsoft.ai/events/39330-fed-s-bullard-says-boost-to-dollar-from-interest-rate-hikes-may-ease-reuters.md) | -0.5% | -3.8% |
| DXY | 2022-02-09 | [Fed hopes economy is on cusp of inflation slowdown as rate hikes loom](https://feedsoft.ai/events/42646-fed-hopes-economy-is-on-cusp-of-inflation-slowdown-as-rate-hikes-loom.md) | -0.1% | +1.3% |
| DXY | 2023-02-22 | [With inflation still the focus, Fed minutes show openness to higher rates endgame](https://feedsoft.ai/events/37233-with-inflation-still-the-focus-fed-minutes-show-openness-to-higher-rates-endgame.md) | +0.6% | +0.2% |
| DXY | 2024-01-31 | [Fed's Powell sees lower rates on the horizon as inflation ebbs, economy bounces ahead \| Reuters](https://feedsoft.ai/events/32027-fed-s-powell-sees-lower-rates-on-the-horizon-as-inflation-ebbs-economy-bounces.md) | +0.3% | +0.4% |
| DXY | 2019-08-01 | [Why gold initially fell after the Fed decision to cut interest rates - MarketWatch](https://feedsoft.ai/events/57510-why-gold-initially-fell-after-the-fed-decision-to-cut-interest-rates-marketwatch.md) | +1.1% | +2.1% |

## Sources

- marketwatch.com: https://www.marketwatch.com/story/fed-scaled-back-interest-rate-forecast-due-to-unease-about-economy-soft-inflation-fomc-minutes-show-2019-04-10

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