No Summary provided as the original text is short
- Exchange-Traded Fund (ETF): An investment fund traded on stock exchanges, often tracking an index, commodity, or assets like cryptocurrencies.
- Vanguard effect: A market phenomenon where large asset manager Vanguard’s entry or involvement triggers increased investment flows and market activity.
- Federal Reserve interest rate cut: A reduction in the benchmark interest rate set by the U.S. central bank, impacting borrowing costs and investment activity.