Citadel Securities Sees Risk of Fed Starting Hiking in September

Citadel Securities Sees Risk of Fed Starting Hiking in September Citadel Securities says odds are rising that the Federal Reserve will begin a series of interest-rate increases as soon as September as inflation becomes more persistent and broad-based. Although oil prices have retreated after the US and Iran announced they reached an interim peace deal to end their conflict, inflation pressures have become more entrenched over the course of the war, Frank Flight, the firm’s head of macro strategy, wrote in a note to clients.