# Three Fed Officials Back More Rate Hikes, Yet Dollar Stalls

> On October 30, Dallas Fed President Logan, St. Louis Fed President Musalem and Richmond Fed President Barkin publicly backed further rate hikes after the Fed held rates steady. Logan said at least two more 25 basis point hikes are needed, and the Dollar Index stayed range-bound near 101.98.

- Date: 2026-11-02 · published 2026-11-03T00:23:09.009Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/76725-three-fed-officials-back-more-rate-hikes-yet-dollar-stalls
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of another December hike support the dollar and raise financing costs for commodity traders and feed importers, but the stalled dollar move leaves near-term commodity price pressure limited.

## Read by commodity

- DXY: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2018-09-25 | [Dollar slips ahead of widely expected Fed rate hike](https://feedsoft.ai/events/63243-dollar-slips-ahead-of-widely-expected-fed-rate-hike.md) | +0.3% | +1.4% |
| DXY | 2022-10-15 | [Fed's Bullard says boost to dollar from interest rate hikes may ease \| Reuters](https://feedsoft.ai/events/39330-fed-s-bullard-says-boost-to-dollar-from-interest-rate-hikes-may-ease-reuters.md) | -0.5% | -3.8% |
| DXY | 2024-02-16 | [Dollar steady after producer prices push back on Fed rate cut outlook](https://feedsoft.ai/events/31574-dollar-steady-after-producer-prices-push-back-on-fed-rate-cut-outlook.md) | -0.1% | -0.7% |
| DXY | 2024-04-01 | [Fed sees three rate cuts in 2024 but a more shallow easing path](https://feedsoft.ai/events/31391-fed-sees-three-rate-cuts-in-2024-but-a-more-shallow-easing-path.md) | -0.0% | +1.6% |
| DXY | 2017-06-14 | [Stocks fall, dollar pares losses after Fed forges ahead with rate hike - Financial Post](https://feedsoft.ai/events/10199-stocks-fall-dollar-pares-losses-after-fed-forges-ahead-with-rate-hike-financial.md) | +0.6% | -0.9% |

## Sources

- fxbrokertrust.com: https://www.fxbrokertrust.com/insights/three-fed-officials-back-more-rate-hikes-yet-dollar-stalls

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