Fed meeting live updates: Fed set to cut rates — but market reaction may depend on size of move

Investors are looking for attractive dividend stocks as the Federal Reserve is expected to start cutting interest rates. Lower rates will make dividend yields even more appealing, especially for stocks with high payouts and low debt. Some stocks expected to see a 10% or more upside include Exxon Mobil and ConocoPhillips. The Fed’s decision on the rate cut is eagerly anticipated by traders, with options for a 25 or 50 basis point cut. The decision will have implications on various consumer rates, such as mortgage and credit card interest rates. Uncertainty looms around the size of the rate cut, with investors split between a 25 or 50 basis point cut.