President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts
Published . Updated .
President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts The Globe and Mail
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
President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts theglobeandmail.com
Source: theglobeandmail.com
The price since 21 Sep 2026: United States Gasoline Fund (UGA) versus the S&P 500
Since the first closing price after “President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts,” United States Gasoline Fund (UGA) is +0.02%. The S&P 500 fund (SPY) is -0.88% over the same days, a +0.91% 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
For “President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts,” 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
iShares S&P GSCI Commodity-Indexed Trust (GSG) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts.” 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
Invesco Db Agriculture Fund (DBA) is linked, with no stored direction, medium confidence in the 21 Sep 2026 story “President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts.” 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 “President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts,” 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 “President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts,” 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
In “President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts,” 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
For “President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts,” 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
- HYG Ishares Tr
For “President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts,” 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)
“President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts” (21 Sep 2026) reaches United States Gasoline Fund (UGA) through this story.
What ties United States Gasoline Fund (UGA) to the headline is this: Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
Also listed, iShares S&P GSCI Commodity-Indexed Trust (GSG): Higher fuel and transport costs can propagate into commodity inputs, consumer margins, credit conditions, and interest-rate expectations
Price levels for United States Gasoline Fund (UGA)
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.
A simple score for United States Gasoline Fund (UGA)
54 out of 100
“President Donald Trump Just Admonished the Fed for "Doing the Wrong Thing" on Interest Rates, but Ignores the 2 Biggest Inflation Catalysts” scores 54 out of 100. The score uses 2 sources, and 23 linked companies.