How many rate hikes are on tap? Wall Street hopes to connect the Fed’s dots.
Published . Updated .
If the Federal Reserve jacks up interest rates this week to try to tame inflation, investors hope to connect the dots to figure out how much more the central bank will raise borrowing costs.
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
- UGA UNITED STATES GASOLINE FUND LP
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
If the Federal Reserve jacks up interest rates this week to try to tame inflation, investors hope to connect the dots to figure out how much more the central bank will raise borrowing costs.
Source: MarketWatch
Price since this story was published: United States Gasoline Fund (UGA)
Since the first closing price after “How many rate hikes are on tap? Wall Street hopes to connect the Fed’s dots.,” United States Gasoline Fund (UGA) is -1.45%. The S&P 500 fund (SPY) is +1.66% over the same days, a -3.11% difference versus the market.
Who gains and who loses around United States Gasoline Fund (UGA)
Companies carried with this story
- UGA United States Gasoline Fund
United States Gasoline Fund (UGA) is linked, with no stored direction, medium confidence in the 15 Sep 2026 story “How many rate hikes are on tap? Wall Street hopes to connect the Fed’s dots..” 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
In “How many rate hikes are on tap? Wall Street hopes to connect the Fed’s dots.,” 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 “How many rate hikes are on tap? Wall Street hopes to connect the Fed’s dots.,” 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 “How many rate hikes are on tap? Wall Street hopes to connect the Fed’s dots.,” 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 “How many rate hikes are on tap? Wall Street hopes to connect the Fed’s dots.,” 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
For “How many rate hikes are on tap? Wall Street hopes to connect the Fed’s dots.,” Select Sector Spdr Tr (XLY) 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
- IWM Ishares Tr
Ishares Tr (IWM) is linked, with no stored direction, medium confidence in the 15 Sep 2026 story “How many rate hikes are on tap? Wall Street hopes to connect the Fed’s dots..” Reason on file: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
- HYG Ishares Tr
In “How many rate hikes are on tap? Wall Street hopes to connect the Fed’s dots.,” Ishares Tr (HYG) 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
United States Gasoline Fund (UGA)
United States Gasoline Fund (UGA) is the company in “How many rate hikes are on tap? Wall Street hopes to connect the Fed’s dots.,” the 15 Sep 2026 this story story.
United States Gasoline Fund (UGA) is on the page because Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
iShares S&P GSCI Commodity-Indexed Trust (GSG) is here too. Its reason reads: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
The price range for United States Gasoline Fund (UGA), and the dates in the story
DBA traded between 27.85 and 28.86 across 20 sessions. The latest close on file is 28.19. 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 United States Gasoline Fund (UGA)
46 out of 100
“How many rate hikes are on tap? Wall Street hopes to connect the Fed’s dots.” scores 46 out of 100. The score uses 1 sources, and 23 linked companies.