Interest Rate Cuts Loom. Here's My Favorite Investment If the Fed Follows Through
After it implemented the most aggressive interest rate hikes in history, there is growing optimism that the Federal Reserve might finally pivot and begin cutting rates. Based on trends in the market and recent comments from the Federal Reserve chair, Jerome Powell, the first round of rate cuts could occur by this summer.
Should the Fed indeed follow through, new investment opportunities will present themselves. In such a scenario, one investment stands out as particularly promising: Bitcoin (CRYPTO: BTC). Here are three reasons why Bitcoin is my favorite investment if interest rates finally come down.
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Source Fool.com