3 High-Yield Stocks with Major Upside, According to Analysts

Last Friday, Federal Reserve Chair Jerome Powell provided the most unambiguous indication yet that the central bank is preparing to lower historically high interest rates in September. While he didn't specify the exact amount of the rate cut, most experts anticipate a quarter-point reduction. Powell stated at the Fed's annual symposium in Jackson Hole, Wyoming, "The time has come for policy to adjust. The direction of travel is clear, and the timing and pace of rate cuts will depend on incoming data, the ev ...