The Federal Reserve is set to start cutting interest rates next week for the first time since March 2020. Historically, the S&P 500 Index has posted positive returns 86% of the time in the 12 months following the first rate cut of the cycle. Hence, the global electronic broker – Interactive Brokers (IBKR) – is solidly placed to perform well financially.In first-half 2024, IBKR garnered record commission fees as the equity markets scaled new highs on the back of clarity on several macroeconomic factors, driv ...