Key Points The Federal Open Market Committee also updated its dot plot, indicating that most FOMC members think another three interest rates are coming in the near term. Interest rates have significant influence in the stock market. Real estate and small-cap stocks could get a boost. 10 stocks we like better than Vanguard Small-Cap Value ETF › The last interest rate cut was in December 2024. Nine months later, Federal Reserve Chair Jerome Powell and the Federal Open Market Committee (FOMC) deci ...