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A fourth Fed hike this year could trigger economic slowdown, strategist warns The Federal Reserve raised interest rates for the second time this year on Wednesday and is looking at two more for 2018 amid a strong outlook for the U.S. economy. A fourth rate hike this year could bring about an inverted yield curve and economic slowdown, Principal Global Investors CEO Jim McCaughan believes. McCaughan pointed to what he saw as a disparity between reported rate of inflation and the actual rate, which he said was altered by the impact of technology on the U.S. economy.

12.30 AM Jun 15th
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