# Fed retunes message for 2019, opening door to 'slow down'

> Federal Reserve Chairman Jerome Powell is changing his message to signal a more cautious approach to further rate hikes, as the Fed is expected to raise rates next month. Policymakers believe rates are at or near neutral. The shift opens the door to a slowdown in tightening.

- Date: 2018-11-29 · published 2018-11-29T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/62246-fed-retunes-message-for-2019-opening-door-to-slow-down
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A slower Fed path weakens the dollar, which tends to support US dollar-priced grains and meals. It also eases financing costs for feed and livestock operators.

## Read by commodity

- DXY: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2023-01-18 | [Trapdoor for dollar, red flag for Fed](https://feedsoft.ai/events/37973-trapdoor-for-dollar-red-flag-for-fed.md) | -0.1% | +0.6% |
| DXY | 2019-06-21 | [Gold prices after Fed opens door for potential rate cut](https://feedsoft.ai/events/58513-gold-prices-after-fed-opens-door-for-potential-rate-cut.md) | -0.1% | +0.1% |
| DXY | 2019-03-21 | [New Fed forecast for 2019: Slower growth and zero rate hikes \| AP News](https://feedsoft.ai/events/59991-new-fed-forecast-for-2019-slower-growth-and-zero-rate-hikes-ap-news.md) | +0.9% | +0.3% |
| DXY | 2019-06-20 | [Dollar falls to 2-week low after Federal Reserve meeting](https://feedsoft.ai/events/7438-dollar-falls-to-2-week-low-after-federal-reserve-meeting.md) | -1.1% | -0.8% |
| DXY | 2024-01-31 | [USD/JPY slides into 146.00 after Fed holds rates, Powell leaves the door open for rate cuts](https://feedsoft.ai/events/32360-usd-jpy-slides-into-146-00-after-fed-holds-rates-powell-leaves-the-door-open.md) | +0.3% | +0.4% |

## Sources

- reuters.com: https://www.reuters.com/article/world/fed-retunes-message-for-2019-opening-door-to-slow-down-idUSKCN1NY2W9/

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