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Federal Reserve issues FOMC statement

Federal Reserve issues FOMC statement

Why it matters

SPY (SPDR S&P 500 ETF) · Why linked: FOMC decisions drive broad equity index direction via rate expectations Market context: Neutral — outcome depends on hawkish/dovish guidance; high volatility expected

DXY (US Dollar Index) · Why linked: Rate differentials set by the Fed directly influence dollar strength Market context: Neutral — direction depends on dot plot and forward guidance

TLT (20+ Year Treasury) · Why linked: Treasuries reprice immediately on Fed rate decisions and guidance Market context: Neutral — dovish surprise would lift TLT; hawkish surprise would pressure it

QQQ (Invesco QQQ) · Why linked: Growth-heavy Nasdaq ETF is most sensitive to rate path changes Market context: Neutral — rate-cut dovishness would support QQQ; hawkish surprise would hurt it

How SPY, TLT, QQQ 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%
QQQ3+1.28%67%

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How the reaction data is measured · Editorial policy