Citadel Securities: Market Underestimating Fed Rate Hike Risk

BlockBeats News, June 17th, Citadel Securities stated that the market may be underestimating the risk of Fed rate hikes as inflation proves to be more persistent than expected. The firm believes that strong wage growth, resilient demand, supply chain pressures, and burgeoning AI investments are sustaining price pressures.

Source: BlockBeats

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