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Inflation is still above the Federal Reserve’s 2% target despite easing. While interest rates are not expected to increase further this year, given a robust employment market, the likelihood of an interest rate cut is improbable. Given the market’s uncertainties, investing in Vanguard High Dividend Yield Index ETF (VYM – Get Rating) could be wise, as it […]
The July CPI report shows inflation edges higher, interrupting a year-long steak of waning price increases. Although prices have steadily eased over the past year, the Fed officials still seem divided on whether to raise interest rates in September or hold them steady. Amid an uncertain macroeconomic backdrop, best-performing intermediate-term bond ETFs First Trust Low […]
Federal Reserve officials meet next month to determine whether to raise interest rates for the 12th time to cool the economy or hold them steady. Some officials think the Fed has already raised its benchmark lending rate enough to curb inflation, but others think it’s too soon to tap the brakes.