The market is currently pricing a 72% probability of a 0.25% rate hike at the Fed's meeting this month and a 28% probability of 0.50%, according to CME Group.

Read the article below about the Fed's battle with inflation.

In the third quarter of 2022, the S&P 500’s bear market reached ten months old, the Fed continued to tighten monetary policy as inflation accelerated, and recession predictions fill news headlines. In fact, with stocks down more than 25% and bonds overall down more than 15%, this year will go down, by some measures, as the worst start to the year since 1969. Read the latest Markets in for more on what brought us here and how investors can navigate the market volatility.