Fed Chair Warsh Wants Answers on AI Inflation—and Bitcoin May Feel the Impact
Published . Updated .
Key takeaways
Market Call
Think this story will push the stock up or down over the next three trading days? Make a free call and see what other readers think. Points are play money with no cash value.
Get these market calls by email
The week's biggest market-moving stories, Congress trades and Trump posts, with the tickers they touch. Free, one email a week.
Free. We only use your email to send the digest, never sell or share it, and every email has a one-click unsubscribe link. See our privacy policy.
The Federal Reserve is examining whether AI will lower prices or keep inflation elevated, a question that could shape interest rates.
Directly affected
- No company is named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond ETF
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
iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.
- QQQ Invesco QQQ
Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story.
- IBIT iShares Bitcoin Trust
iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story.
- JPM JPMorgan Chase
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
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
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.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TLT | +2.75% | +1.45% | base | -0.35% | after close | after close | after close |
| IEF | +1.79% | +0.89% | base | -0.09% | after close | after close | after close |
| QQQ | -4.63% | -1.94% | base | -1.79% | after close | after close | after close |
| IBIT | +6.25% | +3.31% | base | -3.47% | after close | after close | after close |
| JPM | -2.42% | -0.21% | base | +0.34% | after close | after close | after close |
| BAC | -2.23% | +0.32% | base | +0.27% | after close | after close | after close |
| DHI | +5.45% | +3.68% | base | +0.35% | after close | after close | after close |
| SCHW | -0.26% | +1.42% | base | +0.82% | 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.
Fed Chair Warsh Wants Answers on AI Inflation—and Bitcoin May Feel the Impact Decrypt
Source: Decrypt
How far Ishares Tr (TLT) has moved since 13 Nov 2026
| Company | When | Move | Status |
|---|---|---|---|
| Bank Of America (BAC) | that day | +0.27% | still updating |
| Bank Of America (BAC) | three days earlier | +0.32% | final price |
| Bank Of America (BAC) | five days earlier | -2.23% | final price |
| Horton D R (DHI) | that day | +0.35% | still updating |
| Horton D R (DHI) | three days earlier | +3.68% | final price |
| Horton D R (DHI) | five days earlier | +5.45% | final price |
| iShares Bitcoin Trust ETF (IBIT) | that day | -3.47% | still updating |
| iShares Bitcoin Trust ETF (IBIT) | three days earlier | +3.31% | final price |
| iShares Bitcoin Trust ETF (IBIT) | five days earlier | +6.25% | final price |
| Ishares Tr (IEF) | that day | -0.09% | still updating |
| Ishares Tr (IEF) | three days earlier | +0.89% | final price |
| Ishares Tr (IEF) | five days earlier | +1.79% | final price |
| Jpmorgan Chase (JPM) | that day | +0.34% | still updating |
| Jpmorgan Chase (JPM) | three days earlier | -0.21% | final price |
| Jpmorgan Chase (JPM) | five days earlier | -2.42% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | that day | -1.79% | still updating |
| Invesco Qqq Trust, Series 1 (QQQ) | three days earlier | -1.94% | final price |
| Invesco Qqq Trust, Series 1 (QQQ) | five days earlier | -4.63% | final price |
| Schwab Charles (SCHW) | that day | +0.82% | still updating |
| Schwab Charles (SCHW) | three days earlier | +1.42% | final price |
| Schwab Charles (SCHW) | five days earlier | -0.26% | final price |
| Ishares Tr (TLT) | that day | -0.35% | still updating |
| Ishares Tr (TLT) | three days earlier | +1.45% | final price |
| Ishares Tr (TLT) | five days earlier | +2.75% | final price |
Trades by members of Congress and officials in the stocks in this story
- Sen. John Boozman bought Ishares Tr (IEF) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 65 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 29 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 36 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 70 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 24 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 31 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 65 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 88 days before publication. Filed 8 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).
Who gains and who loses around Ishares Tr (TLT)
Companies mentioned with this story
- TLT Ishares Tr
Ishares Tr (TLT) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “Fed Chair Warsh Wants Answers on AI Inflation—and Bitcoin May Feel the Impact.” Reason on file: 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 Tr
In “Fed Chair Warsh Wants Answers on AI Inflation—and Bitcoin May Feel the Impact,” Ishares Tr (IEF) is linked, with no stored direction, medium confidence. Reason on file: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story
- QQQ Invesco Qqq Trust, Series 1
In “Fed Chair Warsh Wants Answers on AI Inflation—and Bitcoin May Feel the Impact,” Invesco Qqq Trust, Series 1 (QQQ) is linked, with no stored direction, medium confidence. Reason on file: Invesco QQQ: it holds the big tech and AI names. Linked by “ai” (AI and big tech) in this story
- IBIT iShares Bitcoin Trust ETF
For “Fed Chair Warsh Wants Answers on AI Inflation—and Bitcoin May Feel the Impact,” iShares Bitcoin Trust ETF (IBIT) is linked, with no stored direction, medium confidence. Reason on file: iShares Bitcoin Trust: it follows bitcoin. Linked by “bitcoin” (crypto) in this story
- JPM Jpmorgan Chase
Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “Fed Chair Warsh Wants Answers on AI Inflation—and Bitcoin May Feel the Impact.” Reason on file: 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
In “Fed Chair Warsh Wants Answers on AI Inflation—and Bitcoin May Feel the Impact,” Bank Of America (BAC) is linked, with no stored direction, medium confidence. Reason on file: Bank of America (national commercial banks): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story
- DHI Horton D R
Horton D R (DHI) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “Fed Chair Warsh Wants Answers on AI Inflation—and Bitcoin May Feel the Impact.” Reason on file: D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story
- SCHW Schwab Charles
Schwab Charles (SCHW) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “Fed Chair Warsh Wants Answers on AI Inflation—and Bitcoin May Feel the Impact.” Reason on file: 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
Ishares Tr (TLT)
“Fed Chair Warsh Wants Answers on AI Inflation—and Bitcoin May Feel the Impact” (13 Nov 2026) reaches Ishares Tr (TLT) through this story.
What ties Ishares Tr (TLT) to the headline is this: iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story
Ishares Tr (IEF) is here too. Its reason reads: iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story
Dates and price levels for Ishares Tr (TLT)
IEF traded between 88.64 and 90.69 across 14 sessions. The latest close on file is 90.08. QQQ traded between 680.34 and 757.18 across 20 sessions. The latest close on file is 685.32. TLT traded between 76.44 and 80.56 across 14 sessions. The latest close on file is 79.46.
A simple score for Ishares Tr (TLT)
46 out of 100Price not final
“Fed Chair Warsh Wants Answers on AI Inflation—and Bitcoin May Feel the Impact” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.