{
  "id": 659737,
  "title": "Does the Equity Term Structure Respond to Monetary Policy Shocks?",
  "url": "https://urgent.news/2026/08/12/does-the-equity-term-structure-respond-to-monetary-policy-shocks",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-12T11:00:00.000Z",
  "source": {
    "name": "Liberty Street Economics",
    "slug": "liberty-street-economics",
    "url": "https://libertystreeteconomics.newyorkfed.org/2026/08/does-the-equity-term-structure-respond-to-monetary-policy-shocks/"
  },
  "original_language": "en",
  "account": null,
  "summary": "A long-standing body of research, inspired by Bernanke and Kuttner (2005), has documented the effects of Fed interest rate surprises on stock markets. While stock markets provide valuable information about the investor risk premium and dividend growth expectations, researchers have only recently developed more comprehensive tools to estimate the term structure of equity risk premia and dividend…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}