What happened Shares of several major financial and bank stocks traded with volatility today along with broader markets, as investors seemed confused on how to play rising inflation and upcoming policy decisions at the Federal Reserve. So what Inflation has forced the Federal Reserve to move up its timeline on key policies such as the tapering of its bond-buying program, interest rate hikes, and whether or not to shrink its balance sheet. Morgan Stanley analyst James Faucette sees opportunity in payments stocks because "earnings could be materially higher if international tourism were to recover fully."