Economists say Fed could go overboard on rate hikes after hot October inflation report
Published . Updated .
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Economist Neil Dutta says "overtightening is the dominant risk going into 2027." Several Fed members struck a hawkish tone after October CPI data.
Directly affected
- No company is named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond ETF-1.2% 19d
iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.
- IEF iShares 7-10 Year Treasury Bond ETF-0.1% 19d
iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.
- TIP iShares TIPS Bond ETF+0.4% 19d
iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.
- JPM JPMorgan Chase+0.1% 30d
JPMorgan Chase (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.
- BAC Bank of America-11.4% 30d
Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.
- DHI D.R. Horton+6.8% 30d
D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.
- SCHW The Charles Schwab
The Charles Schwab (security brokers, dealers and flotation companies): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story.
- WMT Walmart+20.2% 30d
Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TLT | +1.08% | +1.27% | base | -0.06% | after close | after close | after close |
| IEF | +0.67% | +0.89% | base | -0.14% | after close | after close | after close |
| TIP | +0.74% | +0.94% | base | +0.01% | after close | after close | after close |
| JPM | +2.98% | -2.21% | base | +0.65% | after close | after close | after close |
| BAC | +1.83% | -2.53% | base | +0.14% | after close | after close | after close |
| DHI | +4.91% | +1.71% | base | -1.74% | after close | after close | after close |
| SCHW | +0.36% | -1.66% | base | -0.83% | after close | after close | after close |
| WMT | +2.97% | -0.02% | base | -0.72% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
Economists say Fed could go overboard on rate hikes after hot October inflation report Business Insider
Source: Business Insider
This story
| Company | When | Move | Status |
|---|---|---|---|
| BAC | that day | +0.14% | still updating |
| BAC | three days earlier | -2.53% | final price |
| BAC | five days earlier | +1.83% | final price |
| DHI | that day | -1.74% | still updating |
| DHI | three days earlier | +1.71% | final price |
| DHI | five days earlier | +4.91% | final price |
| IEF | that day | -0.14% | still updating |
| IEF | three days earlier | +0.89% | final price |
| IEF | five days earlier | +0.67% | final price |
| JPM | that day | +0.65% | still updating |
| JPM | three days earlier | -2.21% | final price |
| JPM | five days earlier | +2.98% | final price |
| SCHW | that day | -0.83% | still updating |
| SCHW | three days earlier | -1.66% | final price |
| SCHW | five days earlier | +0.36% | final price |
| TIP | that day | +0.01% | still updating |
| TIP | three days earlier | +0.94% | final price |
| TIP | five days earlier | +0.74% | final price |
| TLT | that day | -0.06% | still updating |
| TLT | three days earlier | +1.27% | final price |
| TLT | five days earlier | +1.08% | final price |
| WMT | that day | -0.72% | still updating |
| WMT | three days earlier | -0.02% | final price |
| WMT | five days earlier | +2.97% | final price |
Trades by members of Congress and officials in the stocks in this story
- Sen. John Boozman bought IEF (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 63 days before publication. Filed 21 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a dependent child), worth $1,001 - $15,000 on 15 Oct 2026. That is 27 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 8 Oct 2026. That is 34 days before publication. Filed 5 Nov 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 68 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 20 Oct 2026. That is 22 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a dependent child), worth $1,001 - $15,000 on 13 Oct 2026. That is 29 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 63 days before publication. Filed 7 Oct 2026. View the filing.
- Donald J Trump, an executive branch official, bought Horton D R (DHI), worth $15,001 - $50,000 on 17 Aug 2026. That is 86 days before publication. Filed 8 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Walmart (WMT) (held by a dependent child), worth $15,001 - $50,000 on 13 Oct 2026. That is 29 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Rohit Khanna sold Walmart (WMT) (held by a spouse), worth $1,001 - $15,000 on 7 Oct 2026. That is 35 days before publication. Filed 5 Nov 2026. View the filing.
- Rep. Pete Sessions sold Walmart (WMT) (held by a spouse), worth $50,001 - $100,000 on 2 Oct 2026. That is 40 days before publication. Filed 27 Oct 2026. View the filing.
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
This story
12 out of 100Price not final
“Economists say Fed could go overboard on rate hikes after hot October inflation report” scores 12 out of 100. The score uses 1 sources. The price is not final yet.