Investors’ concerns over the Fed’s tightening monetary policy to combat persistently high inflation and the possibility of a recession have kept the stock market under tremendous pressure lately. Moreover, the Fed is expected to raise interest rates by 75 basis points next month, followed by 50 basis points in September.
Slowing growth and ongoing monetary tightening have weighed heavily on the market sentiment. However, experts believe it will be wise to stay invested, and running to the sidelines could lead to lower returns in the long term.
