We can expect another interest rate hike by the Federal Reserve coming up soon, and a majority of market analysts agree it wont be the last one in this series as the Fed focuses on reducing inflation. There are already some signs that the economy is beginning to slow because of these rate hikes, but what we don't know is when the slowdown might turn into a recession, how deep that recession might be, and when the Fed might eventually reverse policy –as investors we'd certainly like to know. Confluence Chief Market Strategist Bill O'Grady discusses where we can look to try to find answers to these questions.

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