Citadel Sees Surprise Fed Rate Hike as Odds Hit 37.9%

Citadel Securities expects the Federal Reserve to raise interest rates on Wednesday. The firm’s case centers on a quarter-point increase, against a market consensus favoring a hold. Frank Flight, the firm’s head of macro strategy, laid out the case in a client note. He argued that traders have not fully priced the hawkish turn at The post Citadel Sees Surprise Fed Rate Hike as Odds Hit