# Fed holds with two votes for a hike, Thailand stays at 1%

> The Federal Reserve held its policy rate at 3.75% to 4.00% on 28 October 2026 in a 10-2 vote, with two members favouring a further rise. The Bank of Thailand held its policy rate at 1.00% the same day, unanimously among members present. Markets priced a December Fed hike above 70% probability.

- Date: 2026-11-04 · published 2026-11-05T15:09:56.633Z
- Category: macro · region US · magnitude low
- Page: https://feedsoft.ai/events/81953-fed-holds-with-two-votes-for-a-hike-thailand-stays-at-1
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

A hawkish Fed tilt strengthens the US dollar and tightens global financing conditions, which can weigh on dollar-denominated commodity prices and pressure emerging-market currencies such as the baht that matter to feed importers.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2026-06-17 | [Euro folds as the Fed trades cuts for hikes](https://feedsoft.ai/events/11521-euro-folds-as-the-fed-trades-cuts-for-hikes.md) | +1.8% | +0.9% |
| DXY | 2018-08-22 | [Fed's minutes pave way for two more rate hikes in 2018](https://feedsoft.ai/events/63698-fed-s-minutes-pave-way-for-two-more-rate-hikes-in-2018.md) | -0.5% | -0.2% |
| DXY | 2017-04-28 | [Fed's Third Hike and Gold \| SafeHaven.com](https://feedsoft.ai/events/71415-fed-s-third-hike-and-gold-safehaven-com.md) | -0.1% | -1.4% |
| DXY | 2016-12-14 | [Fed surprises with three rate hikes next year — and could need more](https://feedsoft.ai/events/6464-fed-surprises-with-three-rate-hikes-next-year-and-could-need-more.md) | +1.6% | +0.9% |
| DXY | 2026-08-31 | [Dollar holds near two-week high as bets rise on September Fed rate hike \| Markets News - Business Standard](https://feedsoft.ai/events/18081-dollar-holds-near-two-week-high-as-bets-rise-on-september-fed-rate-hike-markets.md) | -0.6% | +1.6% |

## Sources

- news.svinnovation.com: https://news.svinnovation.com/fed-holds-two-vote-hike-bot-1-percent/

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