The Fed Is Expected to Cut Interest Rates. The Stock Market Usually Does This Next (Hint: It May Surprise You)
Investors often cheer lower interest rates, but the S&P 500 has historically delivered weak returns following rates cuts.
The Federal Open Market Committee, the policymaking body of the Federal Reserve, will make a decision concerning interest rates after the conclusion of a two-day meeting on Sept. 17. The Fed will release its policy statement and economic projections at 2:00 p.m.