That would offer the market more breathing room, and stocks have historically done well in the months immediately following the last rate hike. That has many traders betting the Fed will halt its rate hikes and perhaps even cut them later this year. Many investors are preparing for a recession to hit later this year. High rates have already hit the housing market sharply and hurt the banking system. An economic model used by the Conference Board, a business research group, puts the probability of a U.S.

There is widespread skepticism that the Fed will succeed. The central bank's policymakers are aiming for a so-called soft landing: Cooling growth enough to curb inflation, but not so much as to tip the world's largest economy into a recession. Credit Suisse faulted over probe of Nazi-linked bank accounts.SVB and First Republic's problems aren't going away.Troubled First Republic Bank seized and sold to JPMorgan Chase.It's trying to beat down high inflation, but high rates do that by taking a blunt hammer to the economy. The Fed has jacked up rates at a furious pace from early last year, up to a range of 4.75% to 5% from virtually zero.

Tublme download