# FOMC members want plan to end balance sheet reduction, minutes show - Central Banking

> Minutes from the Fed's January meeting show most FOMC members want a plan to end balance sheet reduction announced soon. Some members still see further rate increases possible in 2019.

- Date: 2019-02-21 · published 2019-02-21T12:00:00.000Z
- Category: report · region US · magnitude low
- Page: https://feedsoft.ai/events/60509-fomc-members-want-plan-to-end-balance-sheet-reduction-minutes-show-central
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Signals of an end to balance sheet runoff and possible hikes create mixed dollar signals, with limited direct impact on feed commodities.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2024-09-24 | [Rupiah Rises Following Weak US PMI Report and Fed Speculation](https://feedsoft.ai/events/28626-rupiah-rises-following-weak-us-pmi-report-and-fed-speculation.md) | -0.1% | +2.5% |
| DXY | 2023-05-10 | [Dollar in holding pattern, inflation data provides little clarity on rates \| Reuters](https://feedsoft.ai/events/36142-dollar-in-holding-pattern-inflation-data-provides-little-clarity-on-rates.md) | +0.3% | +0.9% |
| DXY | 2020-10-14 | [September U.S. producer prices rose 0.4%, more than expected](https://feedsoft.ai/events/50813-september-u-s-producer-prices-rose-0-4-more-than-expected.md) | -0.6% | -1.6% |
| DXY | 2019-02-14 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/60505-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | -0.6% | -0.3% |
| DXY | 2022-02-10 | [The Federal Reserve and U.S. Treasury Did Not Intervene in FX Markets During the Fourth Quarter - FEDERAL RESERVE BANK of NEW YORK](https://feedsoft.ai/events/42874-the-federal-reserve-and-u-s-treasury-did-not-intervene-in-fx-markets-during-the.md) | -0.1% | +1.7% |

## Sources

- centralbanking.com: https://www.centralbanking.com/central-banks/monetary-policy/monetary-policy-decisions/4045241/fomc-members-want-plan-to-end-balance-sheet-reduction-minutes-show

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