The Fed Is Cutting Interest Rates: Here's the Best Stock to Buy Right Now

The wait is over. Investors anticipated an interest rate cut by the Federal Reserve for months. Last week, the Fed ended the speculation with an exclamation point. It lowered the federal funds rate (the interest rates that banks charge each other) by 0.5% -- twice the level many economists predicted.That's not the end of the story. The Fed expects more rate cuts this year and into 2025, with the federal funds rate projected to fall to 3.4% by the end of next year.Investors understandably celebrated the Fed's move. But which is the best stock to buy right now?Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool