How investors can prepare for lower interest rates: It’s ‘like getting a haircut,’ advisor says

How investors can prepare for lower interest rates: It’s ‘like getting a haircut,’ advisor says


Key Points
  • Federal Reserve chair Jerome Powell signaled on Friday that lower interest rates are ahead.
  • It would be the first time the central bank cut rates since the beginning of the Covid-19 pandemic.
  • Investors likely shouldn’t do much to prepare for that shift, advisors said.
  • They can expect lower-risk assets like cash and short-term bonds to pay less of a return.



Source

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