# Fed sees no rate hikes in 2019, sets end to asset runoff

> The Federal Reserve projected no interest rate hikes in 2019 and said the fed funds rate would likely stay between 2.25 and 2.50 percent at least through the year. It also announced an end to the reduction of its bond portfolio.

- Date: 2019-03-20 · published 2019-03-20T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/59990-fed-sees-no-rate-hikes-in-2019-sets-end-to-asset-runoff
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A paused Fed weakens the dollar and lowers financing costs, which tends to support commodity prices and make dollar-denominated feed inputs more attractive to buyers abroad.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-03-21 | [New Fed forecast for 2019: Slower growth and zero rate hikes \| AP News](https://feedsoft.ai/events/59991-new-fed-forecast-for-2019-slower-growth-and-zero-rate-hikes-ap-news.md) | +0.9% | +0.3% |
| DXY | 2019-01-01 | [Fed decision: Central bank lifts interest rates, lowers forecasts to two hikes in 2019](https://feedsoft.ai/events/61751-fed-decision-central-bank-lifts-interest-rates-lowers-forecasts-to-two-hikes-in.md) | -0.7% | -1.7% |
| DXY | 2020-12-16 | [Fed keeps rate near zero and sees brighter economy in 2021 \| AP News](https://feedsoft.ai/events/49562-fed-keeps-rate-near-zero-and-sees-brighter-economy-in-2021-ap-news.md) | +0.3% | -0.3% |
| DXY | 2023-11-02 | [US dollar retreats as risk appetite rises, Fed rate hikes seen as done](https://feedsoft.ai/events/33079-us-dollar-retreats-as-risk-appetite-rises-fed-rate-hikes-seen-as-done.md) | -1.4% | -3.1% |
| DXY | 2023-07-27 | [Indian rupee to rise post what is seen as Fed’s last rate hike - Markets - Business Recorder](https://feedsoft.ai/events/35317-indian-rupee-to-rise-post-what-is-seen-as-fed-s-last-rate-hike-markets-business.md) | +1.2% | +1.9% |

## Sources

- reuters.com: https://www.reuters.com/article/business/fed-sees-no-rate-hikes-in-2019-sets-end-to-asset-runoff-idUSKCN1R10C1/

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