Citadel Securities’ Fed Rate Hike Call Adds to Market Angst

Ce que nous avons tiré de cette source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• The market is probably underestimating the probability of a Fed move on Wednesday.

  60% confidence

• A rate hike would emphatically end the forward guidance era while underscoring the Fed's independence.

  60% confidence

• Warsh has set the stage for a hike; putting off the decision now would raise the probability of a 50 basis point move in September.

  60% confidence

• The Fed should rip off the band aid and raise rates by half a point, gaining inflation-fighting credibility while fending off pressure from President Trump to lower borrowing costs.

  60% confidence

• Warsh is still kind of a wildcard, adamant about not wanting to provide forward guidance, but might inadvertently signal something.

  60% confidence

• There is no good reason for the Fed not to raise interest rates.

  60% confidence