Geopolitics Alpha

Fed raises rates by 25 basis points in first hike since July 2023

Published . Updated .

The widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.

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

  • FAS DIREXION DAILY FINANCIAL BULL 3X ETF

    GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article.

Price reaction, T-5 to T+3

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

The widely expected move places the U.S. Federal Reserve's benchmark fed funds rate range at 3.75%-4.0%.

Source: CoinDesk

Price since this story was published: Direxion Daily Financial Bull 3X Etf (FAS)

Since the first closing price after “Fed raises rates by 25 basis points in first hike since July 2023,” Direxion Daily Financial Bull 3X Etf (FAS) is -5.21%. The S&P 500 fund (SPY) is +0.52% over the same days, a -5.73% difference versus the market.

FAS
SPY

Taiwan Strait on the map for this story

Taiwan Strait has 48 linked stories in the last 7 days and 48 in the last 30 on the page that also carries “Fed raises rates by 25 basis points in first hike since July 2023.” The recent pace is rising.

Who gains and who pays if Taiwan Strait stays in the story

Companies tied to this story

  • FAS Direxion Daily Financial Bull 3X Etf

    Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Fed raises rates by 25 basis points in first hike since July 2023.” Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • XLF Select Sector Spdr Tr

    Select Sector Spdr Tr (XLF) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Fed raises rates by 25 basis points in first hike since July 2023.” Reason on file: Rate-policy changes can alter funding costs, net-interest margins, and financial-sector valuation

  • KRE Spdr Series Trust

    For “Fed raises rates by 25 basis points in first hike since July 2023,” Spdr Series Trust (KRE) is linked, with no stored direction, medium confidence. Reason on file: Rate-policy changes can alter funding costs, net-interest margins, and financial-sector valuation

  • AJUL Innovator Equity Defined Protection Etf - 2 Yr To July 2026

    For “Fed raises rates by 25 basis points in first hike since July 2023,” Innovator Equity Defined Protection Etf - 2 Yr To July 2026 (AJUL) is linked, with no stored direction, medium confidence. Reason on file: GA selected AJUL as a RELATED security because its canonical security name directly matches this event's themes: july. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • BJUL Innovator U.S. Equity Buffer Etf - July

    In “Fed raises rates by 25 basis points in first hike since July 2023,” Innovator U.S. Equity Buffer Etf - July (BJUL) is linked, with no stored direction, medium confidence. Reason on file: GA selected BJUL as a RELATED security because its canonical security name directly matches this event's themes: july. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • DJUL Ft Vest U.S. Equity Deep Buffer Etf - July

    Ft Vest U.S. Equity Deep Buffer Etf - July (DJUL) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Fed raises rates by 25 basis points in first hike since July 2023.” Reason on file: GA selected DJUL as a RELATED security because its canonical security name directly matches this event's themes: july. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • EJUL Innovator Emerging Markets Power Buffer Etf - July

    Innovator Emerging Markets Power Buffer Etf - July (EJUL) is linked, with no stored direction, medium confidence in the 16 Sep 2026 story “Fed raises rates by 25 basis points in first hike since July 2023.” Reason on file: GA selected EJUL as a RELATED security because its canonical security name directly matches this event's themes: july. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FJUL Ft Vest U.S. Equity Buffer Etf - July

    For “Fed raises rates by 25 basis points in first hike since July 2023,” Ft Vest U.S. Equity Buffer Etf - July (FJUL) is linked, with no stored direction, medium confidence. Reason on file: GA selected FJUL as a RELATED security because its canonical security name directly matches this event's themes: july. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

How a Taiwan Strait shock reaches Direxion Daily Financial Bull 3X Etf (FAS)

The 16 Sep 2026 story “Fed raises rates by 25 basis points in first hike since July 2023” names Direxion Daily Financial Bull 3X Etf (FAS) because of Taiwan Strait.

The link for Direxion Daily Financial Bull 3X Etf (FAS) is this: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Select Sector Spdr Tr (XLF): Rate-policy changes can alter funding costs, net-interest margins, and financial-sector valuation

Dates in the story, and the Direxion Daily Financial Bull 3X Etf (FAS) price range

FAS traded between 136.16 and 161.95 across 20 sessions. The latest close on file is 152.93. KRE traded between 67.80 and 72.65 across 20 sessions. The latest close on file is 69.27. XLF traded between 52.82 and 56.03 across 20 sessions. The latest close on file is 55.07.

A simple score for Direxion Daily Financial Bull 3X Etf (FAS)

46 out of 100

“Fed raises rates by 25 basis points in first hike since July 2023” scores 46 out of 100. The score uses 1 sources, and 13 linked companies.