Investors could get burned over the next year if the Federal Reserve needs to hike interest rates to keep a lid on inflation, according to Edward Al-Hussainy, a senior rates and currency analyst at Columbia Threadneedle Investments. Al-Hussainy put the odds of rate increases at only about 15% during a press briefing Tuesday - but said there's "a world out there" where in 12 months from now the Fed is raising rates. Such a scenario could unfold if the massive Republican tax-and-spending bill in the Senate ends up being additive to economic growth, he said, while the eventual pass-through of tariffs also could put ... (full story)