# Federal Reserve Votes Unanimously to Raise Rates 25 Basis Points to 3.75%-4.00%; Warsh Defies White House Pressure to Launch Tightening Cycle | Geopolitics Alpha

> The Federal Open Market Committee voted 12-0 to raise the federal funds rate target range by 25 basis points to 3.75%-4.00%, the first hike in the current tightening move. Chair Warsh reportedly resisted White House pressure in launching the tightening cycle.

- Date: 2026-11-01 · published 2026-11-01T21:30:55.920Z
- Category: macro · region US · magnitude high
- Page: https://feedsoft.ai/events/73548-federal-reserve-votes-unanimously-to-raise-rates-25-basis-points-to-3-75-4-00
- Commodities: [Soybeans](https://feedsoft.ai/c/SOY.md), [Corn](https://feedsoft.ai/c/CORN.md), [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Higher US policy rates strengthen the dollar and raise financing costs for feed buyers and grain merchants, which typically pressures commodity prices denominated in dollars and can weigh on fund length in grains and oilseeds.

## Read by commodity

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

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| SOY | 2026-08-31 | [Fed Chief Warsh Puts Prices Over Jobs, Lifting Rate-Hike Odds to 57% - Seoul Economic Daily](https://feedsoft.ai/events/17812-fed-chief-warsh-puts-prices-over-jobs-lifting-rate-hike-odds-to-57-seoul.md) | +1.4% | +0.9% |
| SOY | 2024-05-29 | [Pressure mounts on Beijing to allow renminbi to weaken - The Pound Hub](https://feedsoft.ai/events/30494-pressure-mounts-on-beijing-to-allow-renminbi-to-weaken-the-pound-hub.md) | -4.1% | -5.4% |
| SOY | 2017-06-14 | [Fed raises key rate and unveils plan to reduce bond holdings \| AP News](https://feedsoft.ai/events/70401-fed-raises-key-rate-and-unveils-plan-to-reduce-bond-holdings-ap-news.md) | -0.5% | +9.0% |
| SOY | 2022-04-21 | [China's yuan slides to 6-month low as tightening prospects help dollar \| Financial Post](https://feedsoft.ai/events/7337-china-s-yuan-slides-to-6-month-low-as-tightening-prospects-help-dollar.md) | -1.2% | -4.8% |
| SOY | 2025-01-31 | [Dollar advances after White House reiterates Trump tariff threats](https://feedsoft.ai/events/26698-dollar-advances-after-white-house-reiterates-trump-tariff-threats.md) | +1.6% | -3.1% |
| CORN | 2026-08-31 | [Fed Chief Warsh Puts Prices Over Jobs, Lifting Rate-Hike Odds to 57% - Seoul Economic Daily](https://feedsoft.ai/events/17812-fed-chief-warsh-puts-prices-over-jobs-lifting-rate-hike-odds-to-57-seoul.md) | -0.3% | +2.6% |
| CORN | 2017-06-14 | [Fed raises key rate and unveils plan to reduce bond holdings \| AP News](https://feedsoft.ai/events/70401-fed-raises-key-rate-and-unveils-plan-to-reduce-bond-holdings-ap-news.md) | -2.1% | -0.3% |
| CORN | 2022-04-21 | [China's yuan slides to 6-month low as tightening prospects help dollar \| Financial Post](https://feedsoft.ai/events/7337-china-s-yuan-slides-to-6-month-low-as-tightening-prospects-help-dollar.md) | -1.5% | -3.5% |

## Sources

- geopoliticsalpha.com: https://www.geopoliticsalpha.com/news/federal-reserve-votes-unanimously-to-raise-rates-25-basis-points-to-3-75-4-00-wa-fd342789-29a6-47db-a118-acbc32700262
- vietnam.vn: https://www.vietnam.vn/en/diem-lai-thong-tin-kinh-te-tuan-tu-26-30-10

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