Geopolitics Alpha

Goldman expects additional Fed rate hike in March

Published . Updated .

Covered by 5 outlets: WHBL News, Belleville News-Democrat, Wichita Eagle, Reuters, The Olympian.

Who covered it: Center 1 · Not rated 4. How we rate outlets

Key takeaways

  • Nov 11 (Reuters) - Goldman Sachs forecast a 25-basis-point Federal Reserve rate increase in March on Tuesday after hotter-than-expected October inflation data prompted it ​to change its call for an end ‌to the hiking cycle in December.
  • Exposed: DHI, SCHW, TLT, IEF, JPM
  • Market reaction: DHI −1.9% on the day (still updating); SCHW −0.8% on the day (still updating); TLT −0.5% on the day (still updating)

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Goldman expects additional Fed rate hike in March

Nov 11 (Reuters) - Goldman Sachs forecast a 25-basis-point Federal Reserve rate increase in March on Tuesday after hotter-than-expected October inflation data prompted it ​to change its call for an end ‌to the hiking cycle in December. The US lender jo...

Directly affected

  • GS Goldman Sachs Group+0.6% 30d

    Named in this report.

Indirectly affected

  • TLT iShares 20+ Year Treasury Bond ETF-1.2% 19d

    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-0.1% 19d

    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% 19d

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

  • XLF Financial Select Sector SPDR+1.0% 19d

    Financial Select Sector SPDR: it holds banks. Linked by “lender” (banks) 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+6.8% 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
GS+1.98%-4.87%base+1.42%after closeafter closeafter close
TLT+1.08%+1.27%base-0.48%after closeafter closeafter close
IEF+0.67%+0.89%base-0.28%after closeafter closeafter close
TIP+0.74%+0.94%base-0.05%after closeafter closeafter close
XLF+1.53%-1.92%base-0.19%after closeafter closeafter close
JPM+2.98%-2.21%base-0.11%after closeafter closeafter close
BAC+1.83%-2.53%base-0.28%after closeafter closeafter close
DHI+4.91%+1.71%base-1.88%after closeafter closeafter close
SCHW+0.36%-1.66%base-0.84%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.

Goldman expects additional Fed rate hike in March WHBL News

Source: WHBL News

How far Horton D R (DHI) has moved since 11 Nov 2026

CompanyWhenMoveStatus
Bank Of America (BAC)that day-0.28%still updating
Bank Of America (BAC)three days earlier-2.53%final price
Bank Of America (BAC)five days earlier+1.83%final price
Horton D R (DHI)that day-1.88%still updating
Horton D R (DHI)three days earlier+1.71%final price
Horton D R (DHI)five days earlier+4.91%final price
GSthat day+1.42%still updating
GSthree days earlier-4.87%final price
GSfive days earlier+1.98%final price
Ishares Tr (IEF)that day-0.28%still updating
Ishares Tr (IEF)three days earlier+0.89%final price
Ishares Tr (IEF)five days earlier+0.67%final price
Jpmorgan Chase (JPM)that day-0.11%still updating
Jpmorgan Chase (JPM)three days earlier-2.21%final price
Jpmorgan Chase (JPM)five days earlier+2.98%final price
Schwab Charles (SCHW)that day-0.84%still updating
Schwab Charles (SCHW)three days earlier-1.66%final price
Schwab Charles (SCHW)five days earlier+0.36%final price
TIPthat day-0.05%still updating
TIPthree days earlier+0.94%final price
TIPfive days earlier+0.74%final price
Ishares Tr (TLT)that day-0.48%still updating
Ishares Tr (TLT)three days earlier+1.27%final price
Ishares Tr (TLT)five days earlier+1.08%final price
XLFthat day-0.19%still updating
XLFthree days earlier-1.92%final price
XLFfive days earlier+1.53%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 Horton D R (DHI)

Companies carried with this story

  • DHI Horton D R

    Horton D R (DHI) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Goldman expects additional Fed rate hike in March.” 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

    For “Goldman expects additional Fed rate hike in March,” 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

  • TLT Ishares Tr

    In “Goldman expects additional Fed rate hike in March,” 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 “Goldman expects additional Fed rate hike in March,” 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

  • JPM Jpmorgan Chase

    Jpmorgan Chase (JPM) is linked, with no stored direction, medium confidence in the 11 Nov 2026 story “Goldman expects additional Fed rate hike in March.” 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 “Goldman expects additional Fed rate hike in March,” 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

How “Goldman expects additional Fed rate hike in March” reaches Horton D R (DHI)

“Goldman expects additional Fed rate hike in March” (11 Nov 2026) reaches Horton D R (DHI) through this story.

For Horton D R (DHI), the reason on file says D.R. Horton (operative builders): rate changes move lenders' margins and borrowers' demand. Linked by “fed” (US interest rates) in this story

A second company, Schwab Charles (SCHW), is listed for a different reason: 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

The price range for Horton D R (DHI), and the dates in the story

DHI traded between 130.44 and 161.93 across 20 sessions. The latest close on file is 149.68. TLT traded between 76.44 and 80.56 across 16 sessions. The latest close on file is 79.46.

A simple score for Horton D R (DHI)

77 out of 100Price not final

“Goldman expects additional Fed rate hike in March” scores 77 out of 100. The score uses 5 sources, and 6 linked companies. The price is not final yet.