# Powell, Fed Colleagues Stress March Pause Amid Strategy Rethink - Bloomberg

> Fed officials including Richard Clarida, Lael Brainard and John Williams signaled a pause in rate changes at the March 19-20 meeting. They indicated the policy rate would hold at 2.25% to 2.5% for several meetings after that.

- Date: 2019-03-09 · published 2019-03-09T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/60269-powell-fed-colleagues-stress-march-pause-amid-strategy-rethink-bloomberg
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A steady-rate outlook reduces pressure for dollar strength, a modest support for dollar-priced feed commodities.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-07-31 | [Fed Meeting Today: Live Analysis on Interest Rates, Powell Speech - Bloomberg](https://feedsoft.ai/events/29142-fed-meeting-today-live-analysis-on-interest-rates-powell-speech-bloomberg.md) | -0.5% | -1.9% |
| DXY | 2024-08-23 | [Mexican Peso Soars, Leading EM Rally as Powell Signals Rate Cuts - Bloomberg](https://feedsoft.ai/events/29056-mexican-peso-soars-leading-em-rally-as-powell-signals-rate-cuts-bloomberg.md) | -0.1% | -0.8% |
| DXY | 2018-08-24 | [Powell Speech in Jackson Hole: Fed Chair Says Gradual Hikes Neede - Bloomberg](https://feedsoft.ai/events/63464-powell-speech-in-jackson-hole-fed-chair-says-gradual-hikes-neede-bloomberg.md) | -0.0% | -0.5% |
| DXY | 2019-06-20 | [King Dollar's Reign May Be Ending as Fed Debates a U-Turn - Bloomberg](https://feedsoft.ai/events/7436-king-dollar-s-reign-may-be-ending-as-fed-debates-a-u-turn-bloomberg.md) | -1.1% | -0.8% |
| DXY | 2018-09-20 | [Dollar Traders See the Fed's Next Rate Hike as a Big Sell Signal - Bloomberg](https://feedsoft.ai/events/63241-dollar-traders-see-the-fed-s-next-rate-hike-as-a-big-sell-signal-bloomberg.md) | +0.0% | +1.0% |

## Sources

- bloomberg.com: https://www.bloomberg.com/news/articles/2019-03-09/powell-fed-colleagues-stress-march-pause-amid-strategy-rethink

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