Stock Futures Flat as Citadel Sees Surprise Fed Hike
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- Stock futures were little changed after the Dow posted back-to-back winning days, per CNBC's live updates.
- Citadel Securities projected that Warsh would deliver a surprise Fed rate hike, per Bloomberg's headline, while Axios asked what such a move would signal about the new Fed chief.
Why it matters: Citadel Securities projecting a surprise rate hike shows at least one major market participant expects policy action beyond current consensus, and the Fed's own framing of the moment as unusually confusing leaves outcomes markets haven't fully priced still in play.
