# January FOMC minutes: Little risk in pause

> Minutes from the January FOMC meeting show policymakers favored a patient approach to rate policy. They cited tightening financial conditions, uncertainty over government policy, and softness in core and total inflation.

- Date: 2019-02-20 · published 2019-02-20T12:00:00.000Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/60767-january-fomc-minutes-little-risk-in-pause
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A patient Fed reduces the pressure for a stronger dollar, which can support US commodity prices and export competitiveness. The outlook is a modest macro tailwind for feed prices.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-10-19 | [Mexican Peso finds relief in Fed pause bets, but carry risks linger](https://feedsoft.ai/events/17271-mexican-peso-finds-relief-in-fed-pause-bets-but-carry-risks-linger.md) | -0.1% | — |
| DXY | 2021-01-28 | [Thoughts on the January 27 FOMC Meeting - ActionForex](https://feedsoft.ai/events/49067-thoughts-on-the-january-27-fomc-meeting-actionforex.md) | +0.2% | -0.1% |
| DXY | 2024-02-19 | [Commodities zoom in on FOMC minutes, Fed speeches, Flash PMI numbers this week](https://feedsoft.ai/events/31576-commodities-zoom-in-on-fomc-minutes-fed-speeches-flash-pmi-numbers-this-week.md) | -0.1% | -0.5% |
| DXY | 2021-01-27 | [Fed decision January 2021: rates unchanged](https://feedsoft.ai/events/49064-fed-decision-january-2021-rates-unchanged.md) | +0.6% | +0.1% |
| DXY | 2021-02-17 | [Fed minutes show willingness to steer past coming jump in inflation \| Reuters](https://feedsoft.ai/events/48543-fed-minutes-show-willingness-to-steer-past-coming-jump-in-inflation-reuters.md) | +0.1% | +1.1% |

## Sources

- reuters.com: https://www.reuters.com/article/business/january-fomc-minutes-little-risk-in-pause-idUSKCN1Q92O8/

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