Fed rate hike is about Wall Street, not inflation, says economist
Published . Updated .
Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week.
Directly affected
- GS Goldman Sachs Group
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
- XLF Financial Select Sector SPDR
A fund of financial companies
- KRE SPDR S&P Regional Banking
Regional banks are sensitive to interest rates
- UGA UNITED STATES GASOLINE FUND LP
Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations.
- GSG ISHARES S&P GSCI COMMODITY-
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
Goldman Sachs late Friday became the last of the major banks to retract its forecast of no rate hike next week.
Source: CoinDesk
The price since 13 Sep 2026: Goldman Sachs Group (GS) versus the S&P 500
Since the first closing price after “Fed rate hike is about Wall Street, not inflation, says economist,” Goldman Sachs Group (GS) is -11.41%. The S&P 500 fund (SPY) is +0.77% over the same days, a -12.18% difference versus the market.
Official trades in Goldman Sachs Group (GS) around 13 Sep 2026
- Maria Elvira Salazar sell Goldman Sachs Group (GS) ($1,001 - $15,000). That is 11 days after publication, inside 30 days. The filing is listed beside the story “Fed rate hike is about Wall Street, not inflation, says economist.”
- Michael Rulli buy Goldman Sachs Group (GS) ($1,001 - $15,000). That is 10 days before publication, inside 30 days. The filing is listed beside the story “Fed rate hike is about Wall Street, not inflation, says economist.”
- Gilbert Cisneros buy Goldman Sachs Group (GS) ($1,001 - $15,000). That is 18 days before publication, inside 30 days. The filing is listed beside the story “Fed rate hike is about Wall Street, not inflation, says economist.”
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 Goldman Sachs Group (GS)
Companies carried with this story
- GS Goldman Sachs Group
For “Fed rate hike is about Wall Street, not inflation, says economist,” Goldman Sachs Group (GS) is linked, with no stored direction, high confidence. Reason on file: The reported development directly names GOLDMAN SACHS GROUP INC in the summary; GA resolved that company to GS
- UGA United States Gasoline Fund
In “Fed rate hike is about Wall Street, not inflation, says economist,” 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
For “Fed rate hike is about Wall Street, not inflation, says economist,” iShares S&P GSCI Commodity-Indexed Trust (GSG) 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
- DBA Invesco Db Agriculture Fund
For “Fed rate hike is about Wall Street, not inflation, says economist,” 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
- MOO Vaneck Etf Trust
For “Fed rate hike is about Wall Street, not inflation, says economist,” Vaneck Etf Trust (MOO) 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
- XME Spdr Series Trust
For “Fed rate hike is about Wall Street, not inflation, says economist,” 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 13 Sep 2026 story “Fed rate hike is about Wall Street, not inflation, says economist.” 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 “Fed rate hike is about Wall Street, not inflation, says economist,” 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
Goldman Sachs Group (GS)
On 13 Sep 2026, “Fed rate hike is about Wall Street, not inflation, says economist” is the story that connects Goldman Sachs Group (GS) to this story.
Goldman Sachs Group (GS) is on the page because The reported development directly names GOLDMAN SACHS GROUP INC in the summary; GA resolved that company to GS
A second company, United States Gasoline Fund (UGA), is listed for a different reason: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
Dates and price levels for Goldman Sachs Group (GS)
GS traded between 859.56 and 967.15 across 20 sessions. The latest close on file is 875.50. GSG traded between 35.09 and 37.22 across 10 sessions. The latest close on file is 37.04. UGA traded between 140.00 and 152.81 across 20 sessions. The latest close on file is 143.49.
How strong the case is around Goldman Sachs Group (GS)
46 out of 100
“Fed rate hike is about Wall Street, not inflation, says economist” scores 46 out of 100. The score uses 1 sources, and 24 linked companies.