# The Fed held interest rates steady, but these officials see more hikes coming soon | FXProspect

> Two Fed officials, including Dallas Fed President Lorie Logan and St. Louis Fed President Roberto Musalem, said further rate hikes would be needed soon to counter inflation after the Fed held rates steady. Their comments follow the Fed's vote to keep policy unchanged.

- Date: 2026-10-31 · published 2026-11-01T12:08:20.881Z
- Category: macro · region US · magnitude medium
- Page: https://feedsoft.ai/events/8880-the-fed-held-interest-rates-steady-but-these-officials-see-more-hikes-coming
- Commodities: [US Dollar (Broad)](https://feedsoft.ai/c/DXY.md)

## Why it matters

Expectations of further Fed tightening support the dollar and raise borrowing costs, which can weigh on dollar-priced commodities and farm credit conditions.

## Read by commodity

- DXY: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DXY | 2022-08-02 | [Dollar jumps vs yen as Fed officials hint more rate hikes coming \| Reuters](https://feedsoft.ai/events/40270-dollar-jumps-vs-yen-as-fed-officials-hint-more-rate-hikes-coming-reuters.md) | +0.4% | +1.7% |
| DXY | 2023-08-31 | [Fed expected to hold interest rates steady next month](https://feedsoft.ai/events/34478-fed-expected-to-hold-interest-rates-steady-next-month.md) | +1.8% | +2.3% |
| DXY | 2017-02-22 | [Many Fed Officials See Rate Hike ‘Fairly Soon,’ Minutes Show - Bloomberg](https://feedsoft.ai/events/72388-many-fed-officials-see-rate-hike-fairly-soon-minutes-show-bloomberg.md) | -0.5% | -1.5% |
| DXY | 2023-08-16 | [Fed officials divided in July over need for more rate hikes, minutes show \| Reuters](https://feedsoft.ai/events/34479-fed-officials-divided-in-july-over-need-for-more-rate-hikes-minutes-show-reuters.md) | +0.1% | +0.7% |
| DXY | 2026-04-29 | [Gold adds slightly to losses after Fed holds rates steady, but sees four dissents By Investing.com](https://feedsoft.ai/events/19645-gold-adds-slightly-to-losses-after-fed-holds-rates-steady-but-sees-four.md) | -0.1% | +0.3% |

## Sources

- fxprospect.com: https://fxprospect.com/news/the-fed-held-interest-rates-steady-but-these-officials-see-more-hikes-coming-soon

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