The Federal Reserve has maintained rates near zero to stimulate the economy amid the pandemic, but the Fed may announce a rate hike for the first time in years this Wednesday.
While higher rates typically mean higher borrowing costs for consumers, there are some rosy investing opportunities as some stocks tend to outperform following a rate hike.
Become a member of CNBC Pro to see which sector has historically gained in the period following rate hikes, and which stocks may be the clear cut winners. This and so much more exclusively for CNBC Pro subscribers
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