Published on 20 Aug 2024 on etf.com · via Yahoo Finance
Five ETFs for European Investors if Fed Cuts Rates
Europe Flag - Coins
Signs of U.S. economic slowdown have prompted calls for a dovish pivot by the Federal Reserve, meaning it's time for investors to consider an ETF playbook for a scenario where rate cuts materialize.
The decision at the recent Federal Open Market Committee (FOMC) meeting to keep rates unchanged was followed by a deflated U.S. non-farm payroll print—114,000 new jobs added in July versus 175,000 forecast.