Fed Rate Cuts on the Horizon: Why These 2 Stocks Stand to Benefit

The U.S. unemployment rate remains relatively low at 4.3%, although it is rising as employers hire at a slower pace than earlier in the year. The U.S. Bureau of Labor Statistics' early-September Job Openings and Labor Turnover Summary reported 7.7 million job openings, marking the lowest level since early 2021. All of this has fueled further speculation that the Federal Open Market Committee will cut interest rates by at least a modest amount in its meeting this month. Add to Watchlist Investors preparing f ...