Dow leads Wall Street higher as investors eye beyond tech
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Citi sees 'residual hawkish risk at Jackson Hole,' believes upside inflation risks reemerge in the fall
July 24, 2023 8:00 AM EDTIn his FOMC preview note Monday, Citi analyst Andrew Hollenhorst told investors that the firm sees "residual hawkish risk at Jackson Hole in late August and beyond and increasing upside risk to inflation in 2024."
The Federal Reserve is widely expected to raise rates by 25bp on... More
