---
title: Monetary-Policy Risk and Equilibrium Asset Prices
url: https://www.ml-quant.com/papers/ssrn/7585438/
site: ML-Quant (https://www.ml-quant.com)
updated: 2026-10-09
license: Summaries CC BY 4.0; links go to the original sources
index: https://www.ml-quant.com/llms.txt
identifier: SSRN 7585438
source_url: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7585438
featured: 2026-10-09
citations: unknown
topic: Macro-Finance & Rates
---


# Monetary-Policy Risk and Equilibrium Asset Prices

Asset prices respond to monetary policy uncertainty around FOMC announcements; a New Keynesian model shows policy risk accounts for much of equity and inflation-bond risk premia and weakens activity when elevated.

- Source: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=7585438
- Identifier: SSRN 7585438
- Released: 2026-10-08
- First featured: Quant Letter No. 134 (2026-10-09): https://www.ml-quant.com/issues/2026-10-09/
- Citations (Semantic Scholar): not tracked
- Published in: not yet
- Topic: Macro-Finance & Rates
- Authors: Corey Feldman, Thomas King

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