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Citadel Securities warns risk assets face turbulence as Fed weighs rate hikes amid AI spending boom

Citadel Securities warns the Fed should consider rate hikes as AI spending exceeding $650 billion and reaccelerating inflation threaten risk asset

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Citadel Securities warns the Fed should consider rate hikes as AI spending exceeding $650 billion and reaccelerating inflation threaten risk asset

Citadel warns the June Fed pause is temporary. Accelerating inflation and 'second-round effects' will force a September rate hike.