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☆ The Fed can save the stock market if a recession hits. Experts explain how far the central bank will go with rate hikes – and when it could reverse course.
▼ + stars: | 2022-09-22 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

As of yesterday, the federal funds rate is now in a range of 3.0% to 3.25% after a third consecutive 75-basis-point rate hike and the fifth increase of the year. But should the unemployment rate rise and company earnings fall enough to kick off a deep recession, a markets-friendly central bank could emerge over the next year, according to Kolanovic. In his view, a Fed pivot won't materialize until the unemployment rate gets closer to 5%. How does the Fed's third outsized rate hike impact your outlook for the economy and for your portfolio? US stock futures struggled for direction early Thursday, as the odds of a soft economic landing dwindled following the Fed's rate hike Wednesday.

☆ The head of investment strategy at BlackRock's $2.1 trillion iShares Americas unit says the Fed won't cut interest rates until at least 2024 — and reveals the stock market sectors best poised to retur
▼ + stars: | 2022-09-21 | by ( Lisa Kailai Han | ) www.businessinsider.com time to read: +5 min

All eyes are on the Federal Reserve to see how high Jerome Powell raises interest rates. BlackRock's Gargi Chaudhuri expects a 75 basis-point hike, and thinks rates won't be cut until 2024. She says investors should buy high-quality stocks in defensive sectors, plus inflation-linked bonds. That's according to Gargi Chaudhuri, head of investment strategy at BlackRock's iShares Americas unit, which currently manages around $2.13 trillion in assets. Specifically, Chaudhuri recommended investors consider short-duration bonds like 1, 2, and 3-year US Treasuries, 1 through 5-year investment-grade corporate bonds, and front-end inflation-linked bonds.

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