- BlackRock expects Fed to continue interest rate hikes despite Silicon Valley Bank collapse.
- Fed needs to combat rampant inflation by raising rates, says BlackRock Investment Institute.
- Market expectations for monetary policy differ greatly from BlackRock's view.
- Collapse of Silicon Valley Bank an example of 'financial cracks' from fast rate-hiking campaign.
- Investors should favor short-term government bonds for income, says BlackRock.
BlackRock Expects Fed to Keep Hiking Rates Despite Bank Turmoil
The Federal Reserve will press on with interest-rate hikes despite the collapse of Silicon Valley Bank, according to the BlackRock Investment Institute.
