Yahoo Finance reports that with a 59.4% implied chance of a rate hike at the Federal Reserve's September 16 meeting, and new Federal Reserve Chair Kevin Warsh keen to curb rising Core PCE inflation, investors may seek protection in healthcare stocks. The State Street Health Care Select Sector SPDR ETF (XLV) is highlighted, having fallen only 1.1% during the 2022 Fed tightening cycle when the S&P 500 tumbled 18.6%. Healthcare is considered a defensive sector, often performing better in inflationary environments due to dividend-paying stocks and insensitivity to rate hikes.