The Fed may have to blow up the economy to get inflation under control

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The Federal Reserve is set to increase rates by three quarters of a percentage point again on Wednesday, its fourth consecutive supersized move.

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Another rate hike of that size is possible in December.

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Many investors and Americans wonder whether the Fed's huge rate hikes would cause a recession.

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The Fed's new zone raises prospects for a minor decline.

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Former central bank chiefs Alan Greenspan, Ben Bernanke, and current Treasury Secretary Janet Yellen never had to hike rates so often and so much.

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The housing market is showing pressure.

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