Investors should eye the S & P 500 Dividend Aristocrat index as Wall Street looks to the Federal Reserve to start loosening interest rate policy next month, according to Wolfe Research.
mountain The S & P 500 Dividend Aristocrats ETF . Meanwhile, opinion on Wall Street is unanimous that the Fed will lower the current 5.25%-5.50% fed funds rate by at least 25 basis points, or a quarter point, at the central bank's Sept. 17-18 policy meeting, according to data from the CME Group's FedWatch Tool . Wall Street's expectation for a cut next month was reinforced by comments from Fed Chair Jerome Powell on Friday signaling an imminent reduction in benchmark rates .
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