What Survives an FOMC Surprise? Confounding and the Persistence of Announcement Effects in Asset Prices
Analyzing 261 FOMC announcements shows that immediate stock and yield impacts from policy surprises persist, while post-announcement drift and monetary momentum unwind within days or weeks.
Featured in No. 133 on 2 Oct 2026 · 3 days after release
- Released
- 29 Sep 2026
- First featured
- No. 133 · 2 Oct 2026
- Published in
- Not yet, as far as Semantic Scholar knows
- Fanfare
- 3 of 5
- Identifier
- SSRN 7533561
- Authors
- Arka Prava Bandyopadhyay
Citations and venue from Semantic Scholar (ODC-BY), refreshed weekly. Summary: Quant Letter (CC BY 4.0).