Rate Cuts Incoming? These 7 Stocks Could Skyrocket
AppleApple(US:AAPL) Investor Place·2024-08-06 10:00

The Federal Reserve is telegraphing a possible September rate cut that will supercharge the stock market. If inflation continues to fall, Fed Chair Jerome Powell noted that “a reduction in our policy rate could be on the table” when the committee next reconvenes in mid-September, leading to the formation of some good stocks for rate cuts. If the Fed does cut rates it will prompt the first decrease in lending rates in four years. Lowered borrowing costs will prompt increases in economic activity at all level ...

Apple-Rate Cuts Incoming? These 7 Stocks Could Skyrocket - Reportify