OIH: High-Octane Exposure To Energy's Next Cycle

Core Insights - The Federal Reserve has cut the policy rate during the last meeting and has committed to two additional cuts by the end of 2025 despite inflation remaining above the target for several years [1] Group 1 - The Fed's recent decision indicates a proactive approach to monetary policy in response to economic conditions [1] - The commitment to further rate cuts suggests a long-term strategy to stimulate economic growth [1] - The persistence of inflation above target levels raises questions about the effectiveness of these rate cuts [1]