---
title: Fed Shock on Stock Prices
url: https://www.ml-quant.com/papers/ssrn/4905178/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-09-26
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 4905178
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4905178
featured: 2024-07-31
citations: unknown
topic: Derivatives & Volatility
---


# Fed Shock on Stock Prices

A Fed nonyield shock, identified from excess volatility in the SP 500 and dollar exchange rates, significantly affects stock prices and exchange rates, indicating a dominant risk premium channel.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=4905178
- Identifier: SSRN 4905178
- Released: 2024-07-25
- First featured: Quant Letter No. 59 (2024-07-31): https://www.ml-quant.com/issues/2024-07-31/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Derivatives & Volatility

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