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Goldman pivots, now forecasts Fed hike in October

The Fed is likely to raise rates by 25 basis points in October, Goldman said, drawing attention to Fed's own hawkish near term rate projections.

Why it matters

SPY (SPDR S&P 500 ETF) · Why linked: Fed rate hike expectations directly impact broad equity valuations and risk sentiment Market context: bearish in the near term as higher rates compress valuations

TLT (20+ Year Treasury) · Why linked: Rate hike expectations push Treasury yields higher and bond prices lower Market context: bearish as yields rise on hawkish Fed outlook

DXY (US Dollar Index) · Why linked: Higher U.S. rates relative to other economies tend to strengthen the dollar Market context: bullish from rate differential widening

How SPY, TLT usually react

This story is too recent for its own reaction record — we score each asset against the actual price move 24h after publication. These are the long-run figures across every event we have tracked for them.

AssetEventsAvg max moveClosed lower
SPY10+0.67%70%
TLT9+0.62%67%

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How the reaction data is measured · Editorial policy