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

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…

This article was originally published by Bloomberg Markets and is republished here under license.

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. (Source: Bloomberg)

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