As interest rates rise and market uncertainty grows, dividend-paying companies are regaining attention for their income, stability, and potential for long-term growth.
The Federal Reserve raised interest rates by 25 basis points on September 16, taking its target range to 3.75%-4%. It was the first rate hike since 2023. During the press conference afterward, Fed Chair Kevin Warsh did not give a clear indication of how many more rate increases could be needed to bring inflation back toward the Fed’s 2% target. Stocks and bonds were fairly steady before the press conference, but both came under pressure as Warsh spoke.
