Home ETFdb.com Future Rate Cuts Could See Investors Favoring U.S. Equities Over International

Future Rate Cuts Could See Investors Favoring U.S. Equities Over International

The Federal Reserve didn’t give capital markets the rate cut they might have been expecting last Wednesday, but the major indexes responded positively because they left the door open for reductions in the federal funds rate by year’s end. Federal Reserve Chairman Jerome Powell said that the central bank would adjust interest rate policy as necessary or whatever the economy dictates is best through 2019.

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