The Fed Just Lowered Interest Rates. Here's My Top Vanguard ETF to Buy Now.

The Federal Reserve announced its first rate cut in over four years. More rate cuts could follow and bring down borrowing costs, which could spur consumer spending on goods and services.The Conference Board's Consumer Confidence Index just posted its largest one-month decline since August 2021, so lower interest rates won't magically flip a switch and lead consumers to go on a buying spree. But over time, lower interest rates could help the consumer discretionary sector, which was hit hard by inflation and higher rates.A natural way to invest in a rebound in the sector is through an exchange-traded fund (ETF), like the Vanguard Consumer Discretionary ETF (NYSEMKT: VCR). Here's why the low-cost ETF is worth buying now.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool