Fed Day Trading: A Year in Stocks, Bonds, and the Dollar

Stocks have generally performed poorly on Federal Reserve decision days over the past year, with the S&P 500 seeing a median fall of 1.2%. However, the range of performance has been wide, with some decision days resulting in rallies and others in significant declines. The upcoming rate hike announcement is expected to be the final one, and investors will closely analyze the policy statement and Fed Chair Jerome Powell's words for clues about future rate hikes. The article also provides a breakdown of how the dollar has traded against the euro, yen, and Australian dollar on Fed decision days.