Citadel's macro team says Wednesday's hike isn't about the data. It's about Warsh's best shot at making a surprise actually count before the market stops being surprised. Citadel is calling for a surprise 25-basis-point Federal Reserve rate hike on Wednesday, against broad market expectations that rates will be left unchanged. A shock move to lift the benchmark rate to 3.75% to 4% could push Treasury yields higher and pressure risk assets, including bitcoin, which has a…
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