# Fed Chief Warsh Puts Prices Over Jobs, Lifting Rate-Hike Odds to 57% - Seoul Economic Daily

> Fed Chair Kevin Warsh delivered his clearest hawkish message since taking office at Jackson Hole, placing prices ahead of employment. Markets quickly raised the odds of a rate increase next month to 57%, and gold continued to climb.

- Date: 2026-08-31 · published 2026-08-31T12:00:00.000Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/17812-fed-chief-warsh-puts-prices-over-jobs-lifting-rate-hike-odds-to-57-seoul
- 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

Higher rate-hike odds strengthen the dollar and can pressure dollar-priced commodities, including grains and feed ingredients, while bond yield volatility adds uncertainty.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-02-06 | [Won-Dollar Rate Breaks 1,470 on Risk-Off Sentiment - Seoul Economic Daily](https://feedsoft.ai/events/20839-won-dollar-rate-breaks-1-470-on-risk-off-sentiment-seoul-economic-daily.md) | -0.8% | +0.8% |
| DXY | 2019-08-01 | [Gold prices slip to two-week low as US Fed dashes hopes of more rate cuts](https://feedsoft.ai/events/57513-gold-prices-slip-to-two-week-low-as-us-fed-dashes-hopes-of-more-rate-cuts.md) | +1.1% | +2.1% |
| DXY | 2023-07-26 | [Fed lifts rates, Powell leaves door open to another hike in September](https://feedsoft.ai/events/35277-fed-lifts-rates-powell-leaves-door-open-to-another-hike-in-september.md) | +0.6% | +2.1% |
| DXY | 2018-09-26 | [Gold prices fall following Fed rate hike](https://feedsoft.ai/events/62952-gold-prices-fall-following-fed-rate-hike.md) | +0.2% | +1.5% |
| DXY | 2018-11-04 | [Seoul: Stocks fall on trade war concerns, Fed rate hike fears - The Business Times](https://feedsoft.ai/events/62262-seoul-stocks-fall-on-trade-war-concerns-fed-rate-hike-fears-the-business-times.md) | +0.7% | +0.3% |
| CORN | 2023-07-26 | [Fed lifts rates, Powell leaves door open to another hike in September](https://feedsoft.ai/events/35277-fed-lifts-rates-powell-leaves-door-open-to-another-hike-in-september.md) | -13.9% | -17.3% |
| CORN | 2021-09-23 | [Gold prices ease as dollar firms on Fed rate hike comments \| Financial Post](https://feedsoft.ai/events/44965-gold-prices-ease-as-dollar-firms-on-fed-rate-hike-comments-financial-post.md) | +1.3% | +2.0% |
| CORN | 2016-12-15 | [Fed lifts rates, sees faster pace of hikes in Trump's first year](https://feedsoft.ai/events/6463-fed-lifts-rates-sees-faster-pace-of-hikes-in-trump-s-first-year.md) | -2.2% | +0.5% |

## Sources

- en.sedaily.com: https://en.sedaily.com/finance/2026/08/31/fed-chief-warsh-puts-prices-over-jobs-lifting-rate-hike

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