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In fiscal Q1 of 2024, U.S. economic growth slowed more sharply than expected, even as prices continued to rise. Traders are now betting the Fed’s first interest rate cut won’t be instituted until September at the earliest, with speculations now centering around only one or two cuts, as opposed to the three that were predicted at the beginning of the year. With this economic uncertainty translating into heightened volatility in the stock market, dividend stocks emerge as a pillar of stability. They provide a consistent flow of income, making them an attractive choice for investors seeking a buf…

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