5 High Earnings Yield Value Picks to Buy for 2025
Gilead(GILD) ZACKS·2024-12-18 14:10
The Federal Reserve is expected to make its third consecutive rate cut in 2024, reducing its benchmark policy rate by 0.25% to a range of 4.25%-4.50%. This marks a full percentage point drop since September, as the Fed continues to unwind its tight monetary policy designed to counter the inflation surge that began in 2021. However, the outlook for further rate cuts remains uncertain. Inflation still exceeds the Fed’s 2% target, and stronger-than-expected economic growth has added complexity to the central b ...