Geopolitics Alpha

FOMC May Need to Tighten Monetary Policy Gradually to Combat Inflation, Cleveland Fed's Hammack Says

Published . Updated .

Key takeaways

  • The Federal Reserve may need to continue raising interest rates to curb inflation, though at a gradu
  • Exposed: TLT, IEF, TIP, JPM, BAC
  • Market reaction: IEF +0.5% on the day (still updating); TLT +0.4% on the day (still updating); JPM −4.3% on the day (still updating)

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FOMC May Need to Tighten Monetary Policy Gradually to Combat Inflation, Cleveland Fed's Hammack Says

The Federal Reserve may need to continue raising interest rates to curb inflation, though at a gradu

Directly affected

  • No company is named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-2.8% 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-1.3% 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.

  • TIP iShares TIPS Bond ETF-0.4% 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+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+11.9% 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

TickerT-5T-3T-1T0T+1T+2T+3
TLT-0.35%-0.05%base+0.41%after closeafter closeafter close
IEF-0.44%-0.16%base+0.45%after closeafter closeafter close
TIP+0.35%+0.29%base+0.21%after closeafter closeafter close
JPM-2.45%-3.27%base-4.27%after closeafter closeafter close
BAC-0.95%-4.00%base-3.18%after closeafter closeafter close
DHI-6.73%-2.62%base-0.56%after closeafter closeafter close
SCHW-4.17%-4.96%base-0.87%after closeafter closeafter close
WMT-6.18%-1.18%base-0.16%after closeafter closeafter 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.

FOMC May Need to Tighten Monetary Policy Gradually to Combat Inflation, Cleveland Fed's Hammack Says Yahoo Finance

Source: Yahoo Finance

Price since this story was published: Ishares Tr (TLT)

CompanyWhenMoveStatus
Bank Of America (BAC)that day-3.18%still updating
Bank Of America (BAC)three days earlier-4.00%final price
Bank Of America (BAC)five days earlier-0.95%final price
Horton D R (DHI)that day-0.56%still updating
Horton D R (DHI)three days earlier-2.62%final price
Horton D R (DHI)five days earlier-6.73%final price
Ishares Tr (IEF)that day+0.45%still updating
Ishares Tr (IEF)three days earlier-0.16%final price
Ishares Tr (IEF)five days earlier-0.44%final price
Jpmorgan Chase (JPM)that day-4.27%still updating
Jpmorgan Chase (JPM)three days earlier-3.27%final price
Jpmorgan Chase (JPM)five days earlier-2.45%final price
Schwab Charles (SCHW)that day-0.87%still updating
Schwab Charles (SCHW)three days earlier-4.96%final price
Schwab Charles (SCHW)five days earlier-4.17%final price
Ishares Tr (TIP)that day+0.21%still updating
Ishares Tr (TIP)three days earlier+0.29%final price
Ishares Tr (TIP)five days earlier+0.35%final price
Ishares Tr (TLT)that day+0.41%still updating
Ishares Tr (TLT)three days earlier-0.05%final price
Ishares Tr (TLT)five days earlier-0.35%final price
Walmart (WMT)that day-0.16%still updating
Walmart (WMT)three days earlier-1.18%final price
Walmart (WMT)five days earlier-6.18%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).

Who gains and who loses around Ishares Tr (TLT)

Companies mentioned with this story

  • TLT Ishares Tr

    In “FOMC May Need to Tighten Monetary Policy Gradually to Combat Inflation, Cleveland Fed's Hammack Says,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. 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

    For “FOMC May Need to Tighten Monetary Policy Gradually to Combat Inflation, Cleveland Fed's Hammack Says,” 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

  • TIP Ishares Tr

    For “FOMC May Need to Tighten Monetary Policy Gradually to Combat Inflation, Cleveland Fed's Hammack Says,” Ishares Tr (TIP) is linked, with no stored direction, medium confidence. Reason on file: iShares TIPS Bond ETF: it is a common hedge when prices rise. Linked by “inflation” (inflation and prices) in this story

  • JPM Jpmorgan Chase

    In “FOMC May Need to Tighten Monetary Policy Gradually to Combat Inflation, Cleveland Fed's Hammack Says,” Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence. 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

    For “FOMC May Need to Tighten Monetary Policy Gradually to Combat Inflation, Cleveland Fed's Hammack Says,” 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

    For “FOMC May Need to Tighten Monetary Policy Gradually to Combat Inflation, Cleveland Fed's Hammack Says,” Horton D R (DHI) is linked, with no stored direction, medium confidence. 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

    In “FOMC May Need to Tighten Monetary Policy Gradually to Combat Inflation, Cleveland Fed's Hammack Says,” Schwab Charles (SCHW) is linked, with no stored direction, medium confidence. 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

  • WMT Walmart

    For “FOMC May Need to Tighten Monetary Policy Gradually to Combat Inflation, Cleveland Fed's Hammack Says,” Walmart (WMT) is linked, with no stored direction, medium confidence. Reason on file: Walmart (variety stores): big consumer-goods sellers feel price rises in costs and shopper demand. Linked by “inflation” (inflation and prices) in this story

Ishares Tr (TLT)

Ishares Tr (TLT) is the company in “FOMC May Need to Tighten Monetary Policy Gradually to Combat Inflation, Cleveland Fed's Hammack Says,” the 5 Nov 2026 this story story.

For Ishares Tr (TLT), the reason on file says iShares 20+ Year Treasury Bond ETF: Treasury bond prices move with interest-rate expectations. Linked by “fed” (US interest rates) in this story

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

The price range for Ishares Tr (TLT), and the dates in the story

IEF traded between 88.64 and 91.23 across 20 sessions. The latest close on file is 90.08. TIP traded between 103.77 and 105.67 across 20 sessions. The latest close on file is 105.27. TLT traded between 76.44 and 81.94 across 20 sessions. The latest close on file is 79.46.

What the saved facts support for Ishares Tr (TLT)

46 out of 100Price not final

“FOMC May Need to Tighten Monetary Policy Gradually to Combat Inflation, Cleveland Fed's Hammack Says” scores 46 out of 100. The score uses 1 sources, and 8 linked companies. The price is not final yet.