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Benzinga
Benzinga
Business
Rishabh Mishra

Is Citadel's Surprise July Rate Hike Call Viable? Jim Bianco Says 38% Market Odds Mean It's 'Not That Far'

Jim Bianco Citadel Citadel Securities US Federal Reserve Bill Adams Kevin Warsh
Federal,Reserve,Chair,Kevin,Warsh,Delivers,Remarks,At,His,Swearing-in

As Wall Street debates whether Citadel Securities’ call for a surprise Federal Reserve rate hike this week is viable, macro researcher Jim Bianco highlighted that current market pricing showing a 38% probability means the firm’s prediction “is not that far” from reality.

Citadel Foresees End of Forward Guidance

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