Fed's Powell warns that politicizing the Fed would cost public trust

Fed Chair Powell stated that the Federal Reserve is currently undergoing a 'stress test,' indicating potential challenges and difficult decisions ahead for the central bank.

The article discusses three financial stocks that are expected to remain resilient even if the Fed implements another interest rate hike.

The Fed is behind the curve, the bond market is saying, and it’s going to hike belatedly starting later this year, whether it wants to or not.