Citadel Securities Says Fed Could Start Rate-Hike Series as Early as September

ChainCatcher, citing Jinshi, reported that Citadel Securities said the Federal Reserve could start a series of interest-rate increases as early as September as inflation remains persistent and broad-based. The statement ties the possible policy move directly to the inflation backdrop described in the report.

The item did not provide a specific size for any rate increase, the number of moves in the series, or a meeting-by-meeting schedule. It also did not include comments from Citadel Securities on crypto prices or other asset-market reactions.