Castle Securities believes that inflationary pressures may force the Federal Reserve to raise interest rates soon

Golden Finance reports that on June 9, Castle Securities believes that the next major risk facing investors is the tightening of the U.S. financial environment, as the Federal Reserve may “soon” need to raise interest rates to curb increasingly intensifying upward inflation pressures. In a client report, Nohshad Shah, Head of Fixed Income Sales for Europe, the Middle East, and Africa (EMEA), wrote that a large-scale artificial intelligence investment cycle, tightening energy markets, and a strengthening labor market together raise the upside risks to economic growth and inflation. “The Fed’s next move is very likely to be a rate hike… perhaps very soon,” Shah said.
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