3 Stocks That Could Benefit Big Time From Coming Interest Rate Cuts

Inflation is trending downward and approaching the Federal Reserve’s 2% target and unemployment is heading higher. The Fed is widely expected to begin cutting interest rates at its September meeting. In a recent article, Morningstar projected that the central bank’s target range would sink. It would go down from its current 5.25%-5.5% to 4.75%-5% at the end of this year and just 3%-3.25% at the end of 2025. Truth be told, interest rate cuts could spell big things for a lot of stocks. Similarly, Citi analyst ...