ETF Areas to Buy on Fed Cuts and Trade Truce Optimism
ZACKS·2025-10-30 19:25
By a 10-2 vote, the Federal Reserve just cut interest rates by a quarter percentage point for the second consecutive meeting this year, bringing its benchmark rate down to a range of 3.75%–4.00% (per CNBC). The decision, though taken amid limited economic data due to the ongoing government shutdown, reflects the central bank’s intention to bolster economic growth and strengthen the labor market. The Fed also announced that it will halt the reduction of its asset purchases effective December 1 (per CNBC TV18 ...