Talks of a rate cut are back after the FOMC meeting concluded Wednesday. Rates were kept unchanged for now, but the Federal Reserve expects that interest rates will go down by 0.5% this year. This implies two 250bps cuts this year.
Of course, things could still change if data keeps coming hotter. Powell called tariff-related inflation “transitory,” but things didn’t go so well the last time it was used. However, if the Federal Reserve stays dovish and cuts interest rates, certain stocks could surge significantly.
The market is green today due to bond yields falling after the Fed meeting. Once those rate cuts actually materialize, these three stocks could deliver triple-digit gains.
This post originally appeared at Money Morning.