1 Stock Down 91% That Could Go Parabolic if the Fed Cuts Rates
UPSTUpstart(UPST) The Motley Fool·2024-09-17 19:30

Upstart is slated to boom if the Federal Reserve cuts rates.All eyes will be on Federal Reserve Chairman Jay Powell when he announces what the Fed is planning to do with interest rates during its Sept. 17 and 18 meeting. It's a foregone conclusion that there will be at least some rate cut, but nobody knows how much. As a result, some consumers may hold off on purchases until after rates start to fall, something that could massively benefit a few companies.One stock that could go parabolic if the Fed cuts ra ...