Why the Fed may hold off on another rate hike despite high inflation
Published . Updated .
The Fed raised its benchmark for interest rates to fight inflation last month. With it still high, officials may hold off on another hike. Here's why.
Directly affected
- No company is named in this report.
Indirectly affected
- TLT iShares 20+ Year Treasury Bond-1.8% 30d
Long-term bonds move when yields change. Linked by “interest rate + fed” in this story
- IEF iShares 7-10 Year Treasury Bond-0.9% 30d
Treasury bonds move when yields change. Linked by “interest rate + fed” in this story
- SHY iShares 1-3 Year Treasury Bond-0.3% 16d
Short-term bonds move when the Fed changes rates. Linked by “interest rate + fed” in this story
- JPM JPMorgan Chase-5.3% 30d
Bank profits move with lending and interest rates. Linked by “interest rate + fed” in this story
- BAC Bank of America-15.0% 30d
Bank profits move with lending and interest rates. Linked by “interest rate + fed” in this story
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| TLT | -2.31% | -1.35% | base | after close | after close | after close | after close |
| IEF | -1.06% | -0.90% | base | after close | after close | after close | after close |
| SHY | -0.24% | -0.27% | base | after close | after close | after close | after close |
| JPM | +0.58% | +1.08% | base | after close | after close | after close | after close |
| BAC | -0.32% | +0.51% | base | after close | after close | after close | after 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.
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Why the Fed may hold off on another rate hike despite high inflation USA Today
Source: USA Today
The price since 26 Oct 2026: Ishares Tr (TLT) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| BAC | three days earlier | +0.51% | final price |
| BAC | five days earlier | -0.32% | final price |
| Ishares Tr (IEF) | three days earlier | -0.90% | final price |
| Ishares Tr (IEF) | five days earlier | -1.06% | final price |
| JPM | three days earlier | +1.08% | final price |
| JPM | five days earlier | +0.58% | final price |
| Ishares Tr (SHY) | three days earlier | -0.27% | final price |
| Ishares Tr (SHY) | five days earlier | -0.24% | final price |
| Ishares Tr (TLT) | three days earlier | -1.35% | final price |
| Ishares Tr (TLT) | five days earlier | -2.31% | final price |
Congressional trades in the stocks in this story
- Sen. John Boozman bought Ishares Tr (IEF) (jointly held), worth $1,001 - $15,000 on 9 Sep 2026. That is 47 days before publication. Filed 21 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM) (held by a spouse), worth $15,001 - $50,000 on 4 Sep 2026. That is 52 days before publication. Filed 1 Oct 2026. View the filing.
- Sen. Sheldon Whitehouse sold Jpmorgan Chase (JPM), worth $15,001 - $50,000 on 4 Sep 2026. That is 52 days before publication. Filed 1 Oct 2026. View the filing.
- Rep. Rohit Khanna bought Jpmorgan Chase (JPM) (held by a spouse), worth $100,001 - $250,000 on 27 Aug 2026. That is 60 days before publication. Filed 4 Sep 2026. View the filing.
- Rep. Rohit Khanna sold Bank Of America (BAC) (held by a spouse), worth $1,001 - $15,000 on 9 Sep 2026. That is 47 days before publication. Filed 7 Oct 2026. View the filing.
- Rep. Laurel Lee sold Bank Of America (BAC) (held by a spouse), worth $50,001 - $100,000 on 24 Aug 2026. That is 63 days before publication. Filed 16 Oct 2026. View the filing.
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
For “Why the Fed may hold off on another rate hike despite high inflation,” Ishares Tr (TLT) is linked, with no stored direction, medium confidence. Reason on file: Long-term bonds move when yields change. Linked by “rate hike + fed” in this story
- IEF Ishares Tr
Ishares Tr (IEF) is linked, with no stored direction, medium confidence in the 26 Oct 2026 story “Why the Fed may hold off on another rate hike despite high inflation.” Reason on file: Treasury bonds move when yields change. Linked by “rate hike + fed” in this story
- SHY Ishares Tr
For “Why the Fed may hold off on another rate hike despite high inflation,” Ishares Tr (SHY) is linked, with no stored direction, medium confidence. Reason on file: Short-term bonds move when the Fed changes rates. Linked by “rate hike + fed” in this story
- SPY Spdr S&P 500 Etf Trust
In “Why the Fed may hold off on another rate hike despite high inflation,” Spdr S&P 500 Etf Trust (SPY) is linked, with no stored direction, medium confidence. Reason on file: Stocks move when the Fed changes the rate path. Linked by “rate hike + fed” in this story
Ishares Tr (TLT)
On 26 Oct 2026, “Why the Fed may hold off on another rate hike despite high inflation” is the story that connects Ishares Tr (TLT) to this story.
For Ishares Tr (TLT), the reason on file says Long-term bonds move when yields change. Linked by “rate hike + fed” in this story
A second company, Ishares Tr (IEF), is listed for a different reason: Treasury bonds move when yields change. Linked by “rate hike + fed” in this story
Price levels for Ishares Tr (TLT)
IEF traded between 88.64 and 91.23 across 20 sessions. The latest close on file is 90.08. SHY traded between 80.96 and 81.44 across 16 sessions. The latest close on file is 81.08. SPY traded between 758.68 and 781.59 across 20 sessions. The latest close on file is 759.89.
How strong the case is around Ishares Tr (TLT)
41 out of 100
“Why the Fed may hold off on another rate hike despite high inflation” scores 41 out of 100. The score uses 2 sources, and 4 linked companies.