Flash News
Castle securities: Walsh's interest rate may have increased by accident this week
On July 28, Citadel Securities predicted that the Fed would increase interest rates this week – an unexpected move that would strengthen President Kevin Walsh’s credibility in the fight against inflation. In a report, the agency ' s macro-strategy manager, Frank Fryt, wrote that an increase of 25 basis points on Wednesday would consolidate the repeated commitment of Walsh to restoring price stability, while demonstrating that policymakers no longer relied on early signals for each policy initiative. “The market may again underestimate the extent to which the Fed Eagles have shifted.” This week’s interest rate hike will “decisively put an end to the future guidance era” and highlight the Fed’s independence。
