Fed Meeting Critical for Bank ETFs

MarketsETF Trends

This article was originally published on ETFTrends.com.

Heading into this week’s Federal Reserve meeting, it was widely expected that the central bank would again raise interest rates, potentially providing a lift for bank stocks and the related exchange traded funds in the process. Bank and financial sector-related ETFs have been underperforming despite the rising interest rate environment. ETFs such as the SPDR [...]

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