The Federal Reserve decided to keep rates steady after its two-day Federal Open Market Committee meeting, causing some uncertainty over the central bank's next move. However, following recent inflation data and April's jobs report, there might be room for the Fed to change rates.
Aguilar explains his predictions for rate cuts in this current environment:"Our estimate based on what we see, the economy is slowing down as well as the inflation finally getting to the point where the Fed might look at options, put us into 1 or 2 rate cuts for this year, most likely starting, more in the fall, more like in September, with still slight probability to do it in July.
Amazon stock shares are up a whopping 76% in the past year, as of May 6. What's more, the company reported strong first quarter earnings on April 30, with operating income of $15.3 billion, according...Sustainable high-yields are not as uncommon as many investors think, but often, they are associated with stocks that usually fly under the radar. The post 2 Stocks With Sustainable Yields of 8% or More appeared first on The Motley Fool Canada.
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