Interest Rate Cuts Are Coming: 3 No-Brainer Dividend Stocks to Buy Now

Artificial intelligence (AI) has dominated the stock market narrative since early 2023, but another storyline is gaining traction.After enduring interest rates over 5% for more than a year, investors are looking forward to interest rates coming down, and are rotating into small-cap stocks to prepare for that move. While the Federal Reserve held interest rates steady in its rate decision on Wednesday, Fed Chair Jerome Powell opened the door to a rate cut at the next meeting in September.He said the economy was making progress toward its goal of 2% inflation, and seemed to imply that the central bank would cut rates if the current trajectory continued. Stocks climbed higher in response to the news.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool