High Rates to Stay? ETFs to Secure Your Portfolio

Published on 28 May 2024 on Zacks via Yahoo Finance

High Rates to Stay? ETFs to Secure Your Portfolio

Fed policymakers hinted at the possibility of interest rates remaining high for an extended period of time if inflation data remains unfavorable. According to CNBC, recently released minutes from the Apr 30-May 1 Federal Open Market Committee policy meeting indicated concerns of policymakers regarding the timing of interest rate cuts.

Highlighting concerns about inflation, the lack of confidence among policymakers regarding a reduction in interest rates is evidenced by declining market expectations for rate cuts.

Will the Interest Rate Remain High?

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High Rates to Stay? ETFs to Secure Your Portfolio

NYSE.IWD price evolution

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NYSE.XLP price evolution

Want to become a better investor?

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