2.2.22 What Would 5 Rate Hikes Mean for Stocks?
The Federal Reserve (Fed) has made a decidedly hawkish pivot, with fed funds futures now expecting five rate hikes in 2022. For our full breakdown of the latest Fed meeting, please read our January 27 blog, Federal Reserve Meeting Recap: March is Officially Live. However, today we want to take a look at other years that had a lot of rate hikes.
“Five rates hikes in 2022 sounds pretty scary to a lot of investors who haven’t lived through a period of hiking,” explained LPL Financial Chief Market Strategist Ryan Detrick. “But we’ve seen many years with this many (or more) hikes and bad news isn’t
... Read more