Could the Fed surprise us already on Wednesday?
According to a Citadel Securities analysis, the Federal Reserve could raise interest rates as early as this week, and this unexpected move would reinforce the credibility of Federal Reserve Chairman Kevin Warsh in the fight against inflation. The company’s chief macro strategist believes that the market is again underestimating the Fed’s tightening monetary policy, Bloomberg reported.
According to a Citadel Securities analysis, the Federal Reserve could raise interest rates as early as this week, and this unexpected move would strengthen the credibility of Federal Reserve Chairman Kevin Warsh in the fight against inflation. The company’s chief macro strategist believes that the market is again underestimating the Federal Reserve’s tightening monetary policy, according to Bloomberg.
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