6 ETFs That Could Benefit From a Delay in the Fed’s Rate Hike
May 05, 2016 at 13:48 PM EDT
During its March 2016 meeting, the Federal Reserve announced that it plans to raise interest rates just twice this year. That number is down from the four anticipated rate hikes projected in the Fed’s December 2015 meeting. With the U.S. economy slowing to an anemic 0.5% growth rate in the first quarter, the futures market is pricing in just a 1-in-5 chance of the central bank meeting its conservative goal of two rate hikes this year.