Inflation Pressures Remain in 'Cyclical Upswing,' Says Lakshman Achuthan
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US Treasuries advanced Thursday as the Federal Reserve's interest rate hike reassured investors that the central bank is determined to tame inflation. Lakshman Achuthan, COO and co-founder at ECRI, reacts to the Fed decision and what comes after the first hike of a rate hike cycle.