The article previews the Federal Open Market Committee meeting on the 28th, where CME Group interest rate futures imply a 90% chance the fed funds target range stays at 3.75% to 4% and a 10% chance of a quarter-point increase. The December 9 meeting is priced at a 76% chance of a quarter-point hike and a 9% chance of a half-point hike to between 4.25% and 4.5%. The author notes higher rates can weigh on stocks by curbing profit growth, but bearish reactions are often short-lived and rate hikes do not reliably coincide with prolonged market weakness. He cites 2004 to 2007 and 2016 to 2019, when the S&P 500 gained significantly before peaking. He concludes that investors should do nothing in response to a potential hike and stay focused on finding, buying and holding quality stocks.
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Keywords
Fedinterest ratesS&P 500US dollar
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Related tickers and likely impact
DXY
▲ Likely positiveRelevance: high
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 101.74 |
| Change that session | +0.11% |
EUR/USD
▼ Likely negativeRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 1.12044 |
| Change that session | -0.11% |
PAXG/USDT
▼ Likely negativePAX Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $1.8B |
| Close on 10/25/2026 | 4,010.98 |
| Change that session | +0.17% |
XAUT/USDT
▼ Likely negativeTether Gold
Relevance: medium
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Real-world assets |
| Market cap | $3.2B |
| Close on 10/25/2026 | 3,999.80 |
| Change that session | +0.14% |
XAU/USD
▼ Likely negativeRelevance: medium
| Market | Gold |
|---|---|
| Close on 10/23/2026 | 3,995.78 |
| Change that session | -0.72% |
AUD/USD
▼ Likely negativeRelevance: medium
| Market | Currencies |
|---|---|
| Close on 10/23/2026 | 0.70360 |
| Change that session | +0.24% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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