Relative Move in the VIX on FOMC Rate Cuts
Rate Cut (bps)
VIX % Change
1994
25
3.2
1995
25
−1.5
1995
25
2.7
1996
25
1.8
1998
25
5.5
1998
25
3.9
1998
25
−2.1
2001
50
6.2
2001
50
4.3
2001
50
5.8
2001
50
6
2001
50
4.7
2001
25
1.9
2001
25
−0.5
2001
50
12.3
2001
50
8.4
2001
50
10.5
2001
25
2.8
2002
50
11.7
2007
50
7.6
2007
25
3.4
2007
25
3.1
2008
75
20.4
2008
50
15.2
2008
75
22.5
2008
25
2.1
2008
50
29.3
2008
50
11.2
2008
75
−1
2019
25
4
2019
25
3.8
2019
25
5.9
2020
50
43
2020
100
5.1
2024
50
7
2024
25
7
2024
25
74