# Fed’s Patient Pause

> Federal Reserve Chair Jerome Powell said in congressional testimony that the FOMC is taking a wait-and-see approach while assessing whether tariffs will lift inflation. He said the Fed expects a meaningful increase in inflation but remains open to the possibility that tariff effects will be weaker than forecast.

- Date: 2026-11-08 · published 2026-11-09T00:08:56.798Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/88216-fed-s-patient-pause
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

The Fed’s assessment of tariff-driven inflation may shape interest-rate expectations and the dollar, with possible indirect effects on imported feed costs. The article does not identify a direct change in agricultural supply or demand.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2019-11-13 | [US dollar steady as case for Fed's pause solidifies](https://feedsoft.ai/events/56261-us-dollar-steady-as-case-for-fed-s-pause-solidifies.md) | -0.0% | -0.4% |
| DXY | 2021-10-22 | [Powell says inflation risks rising, but Fed can be 'patient' \| AP News](https://feedsoft.ai/events/44436-powell-says-inflation-risks-rising-but-fed-can-be-patient-ap-news.md) | -0.2% | +1.4% |
| DXY | 2023-03-22 | [Gold jumps after US Fed signals rate-hike pause imminent \| Reuters](https://feedsoft.ai/events/36776-gold-jumps-after-us-fed-signals-rate-hike-pause-imminent-reuters.md) | -1.0% | -1.5% |
| DXY | 2019-02-20 | [How Long Will Fed’s Rate Pause Last? Minutes Could Yield Clues](https://feedsoft.ai/events/60506-how-long-will-fed-s-rate-pause-last-minutes-could-yield-clues.md) | -0.5% | -0.4% |
| DXY | 2021-04-28 | [FX Daily: The patient Fed and the “nervous” dollar \| articles \| ING THINK](https://feedsoft.ai/events/47788-fx-daily-the-patient-fed-and-the-nervous-dollar-articles-ing-think.md) | +0.3% | -1.0% |

## Sources

- blockscholes.com: https://www.blockscholes.com/premium-research/feds-patient-pause

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