Double-Digit Triumphs: 3 Stocks Pegged to Ride the Fed's Cut
Best Buy(BBY) Investor Place·2024-07-24 14:15
It is 100% certain that the Federal Reserve will reduce interest rates at its next meeting in September. Lowering borrowing costs has many investors wondering how interest rate cut stocks could perform. The cut may begin an easing monetary policy cycle that may continue for several years, depending on economic conditions.Undoubtedly, the level of interest rates impacts stock market performance. Historically, when interest rates fall, stocks tend to rise. Lower yields make bonds less attractive, prompting in ...