The Fed Just Raised Interest Rates: These 2 ETFs Could Be the Smartest Buys Right Now
They are expected to go up again in October.
Overview
At the start of 2026, the consensus view among members of the Federal Open Market Committee (FOMC) and investors was that rates would go down this year -- at least once, maybe twice.
How things have changed. Instead of one or two rate cuts, we got an interest rate increase in September. According to CME's FedWatch survey, interest rate traders expect another one in October.
Details
For investors, it is a complete mindset shift. Whereas nine months ago you may have been tweaking and resetting your portfolio for a falling-rate environment, now you have to shift gears and think about tweaking again to navigate a rising-rate environment.
Source
Originally published at www.fool.com.
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