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Published: Jan 28, 2022 3 min read

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The stock market sold off this week as investors worried about the Federal Reserve's expected interest rate hike. But their concern could be overblown, and an increase in interest rates isn't likely to derail stocks' upward climb, experts say.

Stocks had a volatile week, falling for the third day straight on Thursday. After the Federal Open Market Committee's first policy meeting of the year on Wednesday, the Fed released a statement that a rate hike would soon be appropriate. In a news conference, Fed Chair Jerome Powell indicated policymakers could begin to raise rates in March.