Is It Time to Load Up on Dividend Stocks Now as the Fed Looks Set to Resume Its Rate Cuts?
The Federal Reserve begins its September meeting today, Sept. 16, and will announce its policy decision tomorrow. In what was in all likelihood his final address as the Fed chair at the Jackson Hole Symposium last month, Jerome Powell raised hopes of a rate cut by observing a “shifting balance of risks may warrant adjusting our policy stance.” At the same event last year, Powell had said that "the time has come for policy to adjust,” which, as investors will recall, was followed by a 50-basis-point rate c ...