Rate Cut Hopes Spur Oil & Energy ETFs Higher

The expectation of rate cuts is pushing oil prices higher as U.S. consumer prices fell during the month of June. This could give bullish oil and energy traders more momentum to bet on price increases when the Federal Reserve finally loosens monetary policy. Per a Reuters report, Gary Cunningham, director of market research at Tradition [...] The post Rate Cut Hopes Spur Oil & Energy ETFs Higher appeared first on ETF Trends .