As the Federal Reserve appears poised to start cutting interest rates later this year, Wells Fargo analysts examined the potential effects on consumer earnings in a note Wednesday.
They note that market expectations indicate that while the Federal Reserve may hold rates steady at its July 31st meeting, a series of cuts could begin in September. Several consumer sectors are expected to benefit from the anticipated rate cuts. Wells Fargo highlights the following: BJ's Wholesale Club (NYSE:For the Beverages, Food, and HPC sector, the impact is expected to be minimal, although about two-thirds of the names might see modest headwinds due to the loss of interest income.
ہم نے اس خبر کا خلاصہ کیا ہے تاکہ آپ اسے جلدی سے پڑھ سکیں۔ اگر آپ خبر میں دلچسپی رکھتے ہیں تو آپ مکمل متن یہاں پڑھ سکتے ہیں۔ مزید پڑھ: