5 Must-Buy Retailers With Solid Earnings Estimate Revisions
A&F(ANF) ZACKS·2024-06-17 13:05
The U.S. economy remains resilient even though the interest rate is currently at its 23-year high. The Fed is yet to give any information on the time of its first rate cut. On the contrary, in its June FOMC meeting, the central bank gave a clear indication that, at best, only one rate cut of 25 basis points is expected this year, instead of three anticipated in March. Market participants are currently expecting the first cut in December.Despite a tough scenario, the labor market remains resilient, the servi ...