Watch Out! 3 Stocks at Risk If the Fed Doesn't Cut Rates This Year
American States Water pany(AWR) Investor Place·2024-06-16 20:00
The Federal Reserve signaled it may make one cut in interest rates this year. Although it left rates unchanged after its most recent Federal Open Market Committee meeting, its post-meeting statement said the following. “In recent months, there has been modest further progress toward the Committee’s 2 percent inflation objective.”That gives analysts hope we may see one cut in 2024 with the Fed becoming more aggressive about cuts next year. I wouldn’t hold my breath, but it means there are several stocks at r ...