Newsig · Federal Reserve
Minutes of the Federal Open Market Committee, September 15-16, 2026
Minutes of the Federal Open Market Committee, September 15-16, 2026
Why it matters
SPY (SPDR S&P 500 ETF) · Why linked: Official FOMC minutes are a primary driver of rate expectations and broad equity positioning. Market context: Hawkish-leaning minutes could prompt a near-term equity selloff as traders reprice rate paths.
DXY (US Dollar Index) · Why linked: Dollar reacts directly to shifts in the Fed's policy stance detailed in minutes. Market context: Confirmation of further tightening bias may push the dollar higher.
TLT (20+ Year Treasury) · Why linked: Long-duration bonds are most sensitive to changes in Fed rate guidance. Market context: Pricing in additional hikes typically weighs on long Treasury prices.
GC=F (Gold Futures) · Why linked: Gold often moves inversely to real yields and dollar strength driven by Fed policy. Market context: A stronger dollar and rising rate expectations could pressure gold prices.
How SPY, TLT, GC=F 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.
| Asset | Events | Avg max move | Closed lower |
|---|---|---|---|
| SPY | 18 | +0.72% | 61% |
| TLT | 19 | +0.71% | 58% |
| GC=F | 3 | +1.27% | 67% |
Curated by Newsig — News in. Signal out.
How the reaction data is measured · Editorial policy