The major stock market indexes rose yesterday as investors looked forward to the Fed’s monetary policy tightening to control galloping inflation. The Federal Reserve is expected to raise interest rates aggressively this year. The central bank is also expected to announce a plan to cut its roughly $9 trillion balance sheet by $95 billion per month, beginning June.
However, the Ukraine-Russia war and extended COVID-19 lockdowns in China will likely keep the stock market under pressure in the near term. Therefore, investors should consider investing in stocks with stable dividend payouts to secure a steady income stream.
