The performance of the S&P 500 following Federal Funds rate hikes generally shows that ** after a hike is when the impact is most pronounced, often resulting in lower or even negative returns. This initial reaction likely reflects investor uncertainty and market adjustment to the new borrowing costs. However, as time progresses, returns tend to stabilize, with the 12-month period typically showing recovery and improvement. Notably, the rate hike on March 17, 2022, stands out as an exception, as it resulted in negative returns across all observed periods (three months, six months, and 12 months), underscoring the unique market conditions and investor sentiment at that time.
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ÌÇÐÄÆƽâ°æ. (June 1, 2024). Federal Funds rate hikes and S&P 500 returns (3 months, 6 months, 12 months) from 2022 to 2023 [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 23, 2026, from /statistics/1470970/federal-funds-rate-sp-500-return/
ÌÇÐÄÆƽâ°æ. "Federal Funds rate hikes and S&P 500 returns (3 months, 6 months, 12 months) from 2022 to 2023." Chart. June 1, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 23, 2026. /statistics/1470970/federal-funds-rate-sp-500-return/
ÌÇÐÄÆƽâ°æ. (2024). Federal Funds rate hikes and S&P 500 returns (3 months, 6 months, 12 months) from 2022 to 2023. ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 23, 2026. /statistics/1470970/federal-funds-rate-sp-500-return/
ÌÇÐÄÆƽâ°æ. "Federal Funds Rate Hikes and S&p 500 Returns (3 Months, 6 Months, 12 Months) from 2022 to 2023." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 1 Jun 2024, /statistics/1470970/federal-funds-rate-sp-500-return/
ÌÇÐÄÆƽâ°æ, Federal Funds rate hikes and S&P 500 returns (3 months, 6 months, 12 months) from 2022 to 2023 ÌÇÐÄÆƽâ°æ, /statistics/1470970/federal-funds-rate-sp-500-return/ (last visited July 23, 2026)
Federal Funds rate hikes and S&P 500 returns (3 months, 6 months, 12 months) from 2022 to 2023 [Graph], ÌÇÐÄÆƽâ°æ, June 1, 2024. [Online]. Available: /statistics/1470970/federal-funds-rate-sp-500-return/
