The Traderszone Network

Published in TZ Latest News 17 June, 2015 by The TZ Newswire Staff

Interest Rate Hike: Stocks Poised To Benefit

The prospect of the Federal Reserve raising short-term interest rates has been intoxicating for some investors. It’s been a high especially for financial services investors. Financial mutual funds led all sectors in the two weeks ended June 11, the most recent weeks for which Lipper Inc. has complete data. The Fed signaled on Wednesday that it’s on track to raise rates by year-end.

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