Citadel CEO Ken Griffin's Forecast on Fed Rate Cut and Service Inflation Challenges
Monday, 6 May 2024, 20:34
Citadel CEO Ken Griffin on Fed Rate Cut Prediction
Citadel founder Ken Griffin has forecasted that the Federal Reserve will likely trim interest rates in either September or December.
Services Inflation Concerns
Griffin highlights the challenges posed by persistent U.S. services inflation, which hampers the central bank's efforts to normalize inflation to the 2% target.
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