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Will the Federal Reserve hike interest rates and send the economy into a recession?

The Federal Reserve (Fed) gets a bad rap. Many times, it is blamed for ending an economic cycle by hiking rates. The adage on Wall Street is, “Bull markets don’t die of old age, they are killed by the Fed.” As financial markets sell off and economic growth forecasts show signs of slowing, it’s logical to question what the Fed’s next interest rate move will be.

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