Fed Signals Fewer Rate Cuts in 2025: 4 Low-Beta Staples Stocks to Buy

The Federal Reserve slashed interest rates by 25 basis points on Wednesday at the end of its December Federal Open Market Committee meeting. The central bank’s move was highly anticipated. However, all three major indexes tanked following the announcement.More than cheering the latest rate cut, concerns grew surrounding the hawkish stance from Federal Reserve Chairman Jerome Powell, who hinted at fewer rate cuts in 2025 due to stubbornly high inflation. Wall Street has been volatile over the past week and f ...