# Confusion Hits Markets Over Fed’s No Rate Hike Decision

> The Federal Reserve kept its rate range at 2.25% to 2.5% on March 20 and said it would not raise rates in 2019. It also said it will stop the balance sheet runoff starting in September, which pushed Treasury yields lower.

- Date: 2019-03-22 · published 2019-03-22T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/60267-confusion-hits-markets-over-fed-s-no-rate-hike-decision
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Lower US rates and a looser balance sheet weaken the dollar and support commodity prices, with a modest positive effect on feed-ingredient export demand.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-06-12 | [European markets watch Fed decision, U.S. inflation data](https://feedsoft.ai/events/10800-european-markets-watch-fed-decision-u-s-inflation-data.md) | -0.0% | -1.0% |
| DXY | 2019-03-22 | [Ringgit rises to 9-month high on Fed’s decision](https://feedsoft.ai/events/60363-ringgit-rises-to-9-month-high-on-fed-s-decision.md) | +1.0% | +0.5% |
| DXY | 2023-12-01 | [Gold hits record high on bets for March start to Fed rate cuts](https://feedsoft.ai/events/32473-gold-hits-record-high-on-bets-for-march-start-to-fed-rate-cuts.md) | +0.3% | -1.5% |
| DXY | 2017-06-14 | [Dollar falls after Fed interest rate decision](https://feedsoft.ai/events/10197-dollar-falls-after-fed-interest-rate-decision.md) | +0.6% | -0.9% |
| DXY | 2020-03-02 | [Dollar takes a back seat as markets bet on Fed rate cuts - The HinduBusinessLine](https://feedsoft.ai/events/6185-dollar-takes-a-back-seat-as-markets-bet-on-fed-rate-cuts-the-hindubusinessline.md) | -0.8% | +4.0% |

## Sources

- devel.btimesonline.com: https://devel.btimesonline.com/articles/109673/20190322/confusion-hits-markets-over-fed-s-rate-hike-decision.htm

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