"Ken Griffin Urges Caution: Fed Should Tread Carefully with Rate Cuts"

Citadel CEO Ken Griffin believes the Federal Reserve should proceed cautiously with interest rate cuts to combat persistent inflation, cautioning against a rapid shift back to higher rates. He pointed to ongoing government spending and deglobalization as significant inflationary forces, suggesting that the Fed may delay rate cuts until at least the summer. Despite a recent uptick in inflation, Fed officials have indicated potential rate cuts this year, with the next policy meeting scheduled in a week.