# Fed Minutes: The Wait and See Approach

> Minutes from the Fed's March meeting show officials were in a wait-and-see mode and signaled no rate cuts for 2019. Members said it is too early to discuss cuts, even though markets had priced some in for late 2019.

- Date: 2019-04-10 · published 2019-04-10T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/59521-fed-minutes-the-wait-and-see-approach
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

If markets reprice toward holding rates steady, the dollar could firm and pressure dollar-denominated commodities. The effect on feed grain prices is limited.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-04-11 | [Fed minutes: 'All' members see higher GDP and inflation, and more rate hikes](https://feedsoft.ai/events/65431-fed-minutes-all-members-see-higher-gdp-and-inflation-and-more-rate-hikes.md) | -0.3% | +3.4% |
| DXY | 2018-10-17 | [Dollar extends gains as traders await Fed minutes - The Business Times](https://feedsoft.ai/events/62717-dollar-extends-gains-as-traders-await-fed-minutes-the-business-times.md) | +1.1% | +2.3% |
| DXY | 2022-12-01 | [Dollar down as Fed minutes, U.S. data weighs](https://feedsoft.ai/events/38841-dollar-down-as-fed-minutes-u-s-data-weighs.md) | -0.6% | -1.5% |
| DXY | 2025-02-19 | [Fed minutes January 2025:](https://feedsoft.ai/events/25967-fed-minutes-january-2025.md) | +0.1% | -1.4% |
| DXY | 2024-05-23 | [USD: Fed minutes boost the dollar \| IG International](https://feedsoft.ai/events/30147-usd-fed-minutes-boost-the-dollar-ig-international.md) | +0.3% | +2.1% |

## Sources

- goldprice.org: https://goldprice.org/news/fed-minutes-wait-and-see-approach

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