Inflation Pressures Remain in 'Cyclical Upswing,' Says Lakshman Achuthan

Lakshman Achuthan, chief operating officer and co-founder of the Economic Cycle Research Institute, stated that inflation pressures remain in a cyclical upswing following the Federal Reserve's interest rate increase announced Thursday. US Treasury prices rose on the day of the rate hike announcement. Achuthan discussed the implications of the Fed's decision and the potential trajectory of the rate hike cycle that has begun.

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