# Fed leaves rates unchanged

> The Federal Reserve held its policy rate unchanged in a 2.25-2.5 percent range, voting unanimously. It dropped language signaling further gradual rate hikes and said it would be patient on future adjustments.

- Date: 2019-01-30 · published 2019-01-30T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/61003-fed-leaves-rates-unchanged
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md), [Corn](https://feedsoft.ai/c/CORN.md), [Soybeans](https://feedsoft.ai/c/SOY.md)

## Why it matters

A dovish pivot weakens the dollar and reduces financing costs for commodities, which tends to support dollar-denominated prices including grains and oilseeds.

## Read by commodity

- DXY: bearish ▼
- SOY: bullish ▲
- CORN: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| 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 | 2026-07-29 | [Gold price jumps as Federal Reserve leaves interest rates unchanged \| Kitco News](https://feedsoft.ai/events/18263-gold-price-jumps-as-federal-reserve-leaves-interest-rates-unchanged-kitco-news.md) | -0.9% | -2.0% |
| DXY | 2020-09-16 | [Fed decision September 2020: Interest rates unchanged](https://feedsoft.ai/events/51032-fed-decision-september-2020-interest-rates-unchanged.md) | +0.8% | +0.1% |
| DXY | 2026-07-29 | [Dollar Falls to One-Week Low After Fed Keeps Interest Rates Unchanged - Bloomberg](https://feedsoft.ai/events/8419-dollar-falls-to-one-week-low-after-fed-keeps-interest-rates-unchanged-bloomberg.md) | -0.9% | -2.0% |
| DXY | 2021-04-28 | [US Fed keeps rates unchanged as Powell says ‘not time for taper talk’; Dollar falls](https://feedsoft.ai/events/47794-us-fed-keeps-rates-unchanged-as-powell-says-not-time-for-taper-talk-dollar-falls.md) | +0.3% | -1.0% |
| CORN | 2019-12-11 | [Dollar slips to 4-month low as Fed holds rates, nixes hike hopes](https://feedsoft.ai/events/55754-dollar-slips-to-4-month-low-as-fed-holds-rates-nixes-hike-hopes.md) | +5.1% | +4.1% |
| CORN | 2023-10-31 | [US dollar falls as markets believe Fed is done hiking rates \| Reuters](https://feedsoft.ai/events/11457-us-dollar-falls-as-markets-believe-fed-is-done-hiking-rates-reuters.md) | +1.1% | -3.7% |
| CORN | 2021-07-28 | [Fed says US economy has 'made progress' but holds rates at near-zero](https://feedsoft.ai/events/45977-fed-says-us-economy-has-made-progress-but-holds-rates-at-near-zero.md) | +0.3% | -1.0% |

## Sources

- cnbc.com: https://www.cnbc.com/2019/01/30/fed-leaves-rates-unchanged.html

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