5 Minutes with Scott Colbert - 5/4

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In an effort to combat the worst inflation in 40 years, the Federal Reserve said it’s raising the federal funds rates by a half-point on May 4, and indicated more rate hikes could lie ahead. Do investors still need to worry about a recession? In our latest Five Minutes with Commerce Trust Chief Economist Scott Colbert, we examine into the Fed’s actions and look at several factors why we believe a severe downturn is not likely in the near term.

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