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Fed keeps interest rates steady despite 'high inflation' owing to US war on Iran

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Fed keeps interest rates steady despite 'high inflation' owing to US war on Iran

Federal Reserve Chairman Kevin Warsh says political considerations had no bearing on central bank's decision to hold rates steady at a target range between 3.75 to 4.00 percent.

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-1.8% 30d

    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-0.9% 30d

    iShares 7-10 Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story.

  • ITA iShares U.S. Aerospace & Defense ETF-4.2% 30d

    iShares U.S. Aerospace & Defense ETF: it holds defense and aerospace contractors. Linked by “war” (defense) in this story.

  • TIP iShares TIPS Bond ETF-0.5% 30d

    iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story.

  • JPM JPMorgan Chase-3.8% 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-12.5% 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+5.5% 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.

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
TLT+0.89%+0.83%baseafter closeafter closeafter closeafter close
IEFNo price data for this ticker———————
ITANo price data for this ticker———————
TIPNo price data for this ticker———————
JPMNo price data for this ticker———————
BACNo price data for this ticker———————
DHINo price data for this ticker———————
SCHWNo price data for this ticker———————

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.

Market Call

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Fed keeps interest rates steady despite 'high inflation' owing to US war on Iran TRT World

Source: TRT World

Defense

CompanyWhenMoveStatus
TLTthree days earlier+0.83%final price
TLTfive days earlier+0.89%final price

Trades by members of Congress and officials in the stocks in this story

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).

How solid the defense case looks

25 out of 100

“Fed keeps interest rates steady despite 'high inflation' owing to US war on Iran” scores 25 out of 100. The score uses 2 sources.