Geopolitics Alpha

Companies keep raising prices. The Fed is trying to get them to reconsider.

Published . Updated .

Inflation pressures have been so persistent this year in part because businesses have been able to pass along higher prices to consumers.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond

    Long-term bonds move when yields change

  • IEF iShares 7-10 Year Treasury Bond

    Treasury bonds move when yields change

  • SHY iShares 1-3 Year Treasury Bond

    Short-term bonds move when the Fed changes rates

  • SPY SPDR S&P 500

    Stocks move when the Fed changes the rate path

  • JPM JPMorgan Chase

    Bank profits move with lending and interest rates

  • BAC Bank of America

    Bank profits move with lending and interest rates

  • GS Goldman Sachs

    Bank profits move with lending and interest rates

  • XLF Financial Select Sector SPDR

    A fund of financial companies

  • KRE SPDR S&P Regional Banking

    Regional banks are sensitive to interest rates

  • XME SPDR SERIES TRUST

    Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT———————
IEF———————
SHY———————
SPY———————
JPM———————
BAC———————
GS———————
XLF———————
KRE———————
XME———————

Inflation pressures have been so persistent this year in part because businesses have been able to pass along higher prices to consumers.

Source: MarketWatch

The price since 24 Sep 2026: Spdr Series Trust (XME) versus the S&P 500

Since the first closing price after “Companies keep raising prices. The Fed is trying to get them to reconsider.,” Spdr Series Trust (XME) is -3.88%. The S&P 500 fund (SPY) is -0.62% over the same days, a -3.26% difference versus the market.

XME
SPY

Who gains and who loses around Spdr Series Trust (XME)

Companies carried with this story

  • XME Spdr Series Trust

    For “Companies keep raising prices. The Fed is trying to get them to reconsider.,” Spdr Series Trust (XME) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • XLY Select Sector Spdr Tr

    Select Sector Spdr Tr (XLY) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Companies keep raising prices. The Fed is trying to get them to reconsider..” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • IWM Ishares Tr

    For “Companies keep raising prices. The Fed is trying to get them to reconsider.,” Ishares Tr (IWM) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • HYG Ishares Tr

    In “Companies keep raising prices. The Fed is trying to get them to reconsider.,” Ishares Tr (HYG) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • IEI Ishares Tr

    In “Companies keep raising prices. The Fed is trying to get them to reconsider.,” Ishares Tr (IEI) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • UGA United States Gasoline Fund

    In “Companies keep raising prices. The Fed is trying to get them to reconsider.,” United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • GSG iShares S&P GSCI Commodity-Indexed Trust

    iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “Companies keep raising prices. The Fed is trying to get them to reconsider..” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

  • DBA Invesco Db Agriculture Fund

    In “Companies keep raising prices. The Fed is trying to get them to reconsider.,” Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence. Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

Spdr Series Trust (XME)

On 24 Sep 2026, “Companies keep raising prices. The Fed is trying to get them to reconsider.” is the story that connects Spdr Series Trust (XME) to this story.

The link for Spdr Series Trust (XME) is this: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

A second company, Select Sector Spdr Tr (XLY), is listed for a different reason: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations

The price range for Spdr Series Trust (XME), and the dates in the story

IWM traded between 269.88 and 288.91 across 20 sessions. The latest close on file is 271.30. XLY traded between 110.56 and 114.69 across 12 sessions. The latest close on file is 114.45. XME traded between 97.40 and 111.52 across 18 sessions. The latest close on file is 101.31.

A simple score for Spdr Series Trust (XME)

46 out of 100

“Companies keep raising prices. The Fed is trying to get them to reconsider.” scores 46 out of 100. The score uses 1 sources, and 21 linked companies.