If the Fed Raises Rates This Year, I'm Loading Up on This 1 ETF
This exchange-traded fund would definitely benefit from an interest rate hike.
Overview
At its June meeting, the Federal Open Market Committee (FOMC) made a notable shift in its collective thinking regarding the economy and interest rates.
In the FOMC's June summary of projections, or dot plot, the median of the members' rate projections points to at least one rate hike in 2026. In March, the median projection on the committee had indicated a rate reduction would be coming in 2026. The dot plots for December and September 2025 also indicated one rate cut in 2026.
Details
The minutes from the June 17 FOMC meeting said:
Source
Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.