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

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

Another rate hike of that size is possible in December.

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

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

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

The housing market is showing pressure.

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