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Vanguard says Fed could hike rates once more as recession risks rise

Vanguard says Fed could hike rates once more as recession risks rise© Reuters. FILE PHOTO: Clouds over the Federal Reserve in Washington

(Reuters) – The U.S. Federal Reserve could hike interest rates once more by June despite a growing, near 50-50 chance of a 2020 recession, Vanguard Group Inc chief investment officer Greg Davis said on Monday.

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Source: Investing.com

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