{
  "signal": "macro-event-reactions",
  "as_of": "2026-06-14",
  "benchmark": "VOO",
  "horizon_days": 5,
  "events": [
    {
      "event": "Core PCE (Fed's gauge)",
      "n": 8,
      "up_rate_pct": 50.0,
      "mean_fwd_pct": 0.48
    },
    {
      "event": "PPI (producer prices)",
      "n": 10,
      "up_rate_pct": 20.0,
      "mean_fwd_pct": 0.01
    },
    {
      "event": "Jobs / Nonfarm Payrolls",
      "n": 12,
      "up_rate_pct": 17.0,
      "mean_fwd_pct": 0.11
    },
    {
      "event": "Unemployment rate",
      "n": 11,
      "up_rate_pct": 18.0,
      "mean_fwd_pct": 0.12
    }
  ]
}