The weakest nuclear stock, financially, could benefit most from today's FOMC decision.
Today is the day.
At 2 p.m. ET Wednesday, give or take a few minutes, the Federal Open Market Committee should decide on its next round of interest-rate changes. Presumably it will lower its target interest rate from the current range of 4.25% to 4.5%, to one of 4% to 4.25% -- a quarter-point cut. Potentially, it could lower the interest rate by twice as much -- 0.5%.
Either way, and assuming a cut of any size at all, this will be the first interest-rate cut by the Federal Reserve in the past nine months, the Fed having last cut rates (also by 0.25%) back on Dec. 18, 2024.
Why might the Federal Reserve cut interest rates?
Economists seem pretty certain a rate cut of some size is in the offing.