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In One Chart: Federal Reserve meeting days have been good for the stock market — until Powell starts talking

It’s Fed decision day on Wall Street and investors are awaiting the latest policy statement and outlook for interest rates with bated breath.

And as it turns out, Fed days have been tilting bullish for the stock market intraday since 1994, at least until the Fed instituted a press conference following the release of its policy statement, which it began to do under Ben Bernanke in April of 2011.

Since…

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