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Bank stocks could benefit from Fed rate cuts. These dividend-payers are Wall Street’s favorites

Pelican Press

By Pelican Press,
in World News

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Investors seeking potential capital appreciation and dividend payouts may want to look to bank stocks. A recent analysis by Wells Fargo found that when the Federal Reserve cuts rates and there is no recession, bank stocks have historically rallied. The central bank resumed its easing cycle last week, decreasing the federal funds rate by 25 basis points, or 0.25 percentage point. However…

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