The Federal Reserve raised interest rates in September for the first time since 2023, yet many stocks kept rallying. According to the CME FedWatch Tool, the probability of another hike at the December meeting is up to 90%, versus 17% for the October meeting. Annualized CPI inflation rose to 3.7% in September from 3.4% the previous month, mainly driven by fuel oil and gasoline, up 74% and 34% year over year, both tied to the war in Iran. The article warns that Fed chair Kevin Warsh may aggressively target 2% inflation, and recalls that the S&P 500 fell more than 19% in 2022 as rates rose. The author suggests a balanced, diversified mix of stocks could help manage the uncertainty.
Summary written by Upside AI from the original article. Read the source for full details.
Original headline: Another Rate Hike Is Expected Before the End of 2026 . Here Why It Might Have a Much Bigger Impact on the Markets This Time
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Related tickers and likely impact
DXY
▲ Likely positiveRelevance: high
| Market | Currencies |
|---|---|
| Close on 10/19/2026 | 101.98 |
| Change that session | +0.20% |
QQQ
▼ Likely negativeInvesco QQQ Trust
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/19/2026 | 718.36 |
| Change that session | +1.21% |
SPY
▼ Likely negativeSPDR S&P 500 ETF
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | ETF |
| Close on 10/19/2026 | 766.48 |
| Change that session | +0.42% |
BTC/USDT
▼ Likely negativeBitcoin
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/19/2026 | 81,938.40 |
| Change that session | -0.22% |
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/19/2026 | 4,140.75 |
| Change that session | -0.60% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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