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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 EDT

In 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