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Recession risks grow as Fed positions for aggressive rate hikes
The US Federal Reserve is tipped to increase rates by 0.75%, marking the largest hike in nearly 30 years. Rabobank global strategist Michael Every says the US has little choice as a recession 'seems to be unavoidable'.
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By [email protected] (ABC News)The US Federal Reserve is tipped to increase rates by 0.75%, marking the largest hike in nearly 30 years. Rabobank global strategist Michael Every says the US has little choice as a recession 'seems to be unavoidable'.