5 Low-Beta Defensive Stocks to Buy as Fed Adopts Cautious Approach

The Federal Reserve raised its annual inflation outlook for the year to nearly 3% on Wednesday, while it left interest rates unchanged for the second consecutive time this year. Rising inflation and lack of clarity over President Donald Trump’s tariff proposals have made the Federal Reserve adopt a cautious approach.Volatility returned to markets in late January and has since been rattling stocks as concerns over the economy’s health have grown over the past month.Given the ongoing volatility and uncertaint ...