Lower Rates Could Set Stage for SMIDcap Outperformance
Lower interest rates may set the stage for the outperformance of SMIDcap ETFs. The Federal Reserve cut interest rates on Wednesday, reducing the target range for the federal funds rate by one half percentage point. Importantly, this marked the first rate cut since March 2020. Another half point in rate cuts is expected to follow [...]
The post Lower Rates Could Set Stage for SMIDcap Outperformance appeared first on ETF Trends.
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