3 Stocks That Could Rise on European Bank Interest Rate Cuts

U.S. stocks reacted positively following the Federal Open Market Committee's announcement in mid-September that it would lower interest rates by 50 basis points, wider than many analysts had anticipated. Generally, a lower federal funds rate is often a boon for stocks, as businesses are able to more easily secure loans to facilitate growth and consumers may be more likely to increase spending habits.The Federal Reserve is not the only central bank that has reduced interest rates heading into the final quart ...