Business & Finance
Citadel Securities Warns of ‘Shifting Landscape’ Under Warsh Fed
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Citadel Securities Warns of ‘Shifting Landscape’ Under Warsh Fed Investors are underestimating how determined Federal Reserve Chairman Kevin Warsh is to bring inflation back to the central bank’s 2% target and the likely drag that will create on risk assets, according to Citadel Securities. Nohshad Shah, the firm’s head of EMEA fixed-income sales, said in a note to clients that the recent decline in oil prices does little to weaken the case for the Fed to hike interest rates, given that...
Citadel Securities Warns of ‘Shifting Landscape’ Under Warsh Fed
Investors are underestimating how determined Federal Reserve Chairman Kevin Warsh is to bring inflation back to the central bank’s 2% target and the likely drag that will create on risk assets, according to Citadel Securities.
Nohshad Shah, the firm’s head of EMEA fixed-income sales, said in a note to clients that the recent decline in oil prices does little to weaken the case for the Fed to hike interest rates, given that underlying inflation pressures remain elevated.
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