This stock trades at a cheap earnings multiple, too.The Federal Reserve lowered its benchmark federal funds rate on Wednesday, Sept. 18. To the surprise of some analysts, the Fed lowered the rate a half point rather than the expected quarter point. The impact of such an action is about to reverberate across the entire economy.Rate cuts like this especially impact financial institutions and lenders such as banks. When the Federal Reserve lowers the federal funds rate it tends to also get reflected in interes ...