Citadel's Ken Griffin Says Fed Must Keep Rates 'Higher For Longer'
Citadel's Ken Griffin Says Fed Must Keep Rates 'Higher For Longer'
Citadel CEO Ken Griffin joined CNBC's "Power Lunch" Monday and discussed inflation, interest rates and the influence of AI on the American workforce.
Citadel首席执行官肯·格里芬周一参加了CNBC的 “权力午餐”，讨论了通货膨胀、利率以及人工智能对美国劳动力的影响。
What Happened: The Federal Reserve held interest rates steady at its May meeting, marking the sixth consecutive meeting without a rate change. In an interview on CNBC this week, Griffin said the Fed is making the right decision by leaving rates unchanged as he believes rates should remain unchanged for the foreseeable future.
发生了什么：美联储在5月份的会议上保持利率稳定，这标志着连续第六次没有利率变动。格里芬在本周接受CNBC采访时表示，美联储维持利率不变是正确的决定，因为他认为在可预见的将来利率应保持不变。
"They've got to stay with higher rates to bring inflation back in check," Griffin said. "They need to bring inflation down over time."
格里芬说：“他们必须保持更高的利率，才能控制通货膨胀。”“他们需要随着时间的推移降低通货膨胀。”
The billionaire hedge fund manager noted that inflation has come down in goods, but remains elevated in the services sector and therefore, "Powell and the team, I think, has made the right choice of staying higher for longer."
这位亿万富翁对冲基金经理指出，商品通货膨胀率有所下降，但服务业的通货膨胀率仍然较高，因此，“我认为，鲍威尔和团队做出了正确的选择，即在更长的时间内保持较高的水平。”
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Griffin acknowledged some sectors and industries are more likely to suffer when interest rates are high, including commercial real estate and highly-leveraged companies.
格里芬承认，当利率居高不下时，一些行业和行业更有可能遭受损失，包括商业房地产和高杠杆公司。
"If you borrow money, you want to pay less in interest," the Citadel CEO said.
Citadel首席执行官说：“如果你借钱，你想少付利息。”
On the other hand, companies in the financial sector including banks, money managers and insurance firms may benefit in a high-interest rate environment. Investors looking to gain exposure to the banking industry could purchase shares of the Invesco KBW Bank ETF (NASDAQ:KBWB) or the iShares US Insurance ETF (NYSE:IAK), which offers exposure to companies in the insurance industry.
另一方面，包括银行、基金经理和保险公司在内的金融部门公司可能会在高利率环境中受益。希望获得银行业敞口的投资者可以购买景顺KBW银行ETF（纳斯达克股票代码：KBWB）或iShares美国保险ETF（纽约证券交易所代码：IAK）的股票，后者为保险行业的公司提供敞口。
Looking Ahead: Griffin sees artificial intelligence as a strong tailwind for the economy as corporate executives lean into the adoption of AI in the workplace.
展望未来：随着企业高管倾向于在工作场所采用人工智能，格里芬将人工智能视为经济的强劲推动力。
"AI has really transformed the mindset of corporate America," the CEO said before he pointed to a growing number of companies and executives looking to technology and AI as a way to "jumpstart" productivity.
这位首席执行官表示：“人工智能确实改变了美国企业的思维方式，” 他之前指出，越来越多的公司和高管将技术和人工智能视为 “快速启动” 生产力的一种方式。
"This really improves life for the average American and helps to keep our economy strong and robust," Griffin concluded.
格里芬总结说：“这确实改善了普通美国人的生活，并有助于保持我们的经济强劲和强劲。”
KBWB, IAK Price Action: At the time of publication Tuesday, Invesco KBW Bank ETF shares are up 0.5% at $53.78 and iShares US Insurance ETF shares are up 0.28% at $115.40, according to data from Benzinga Pro,
KBWB，IAK价格走势：根据Benzinga Pro的数据，在周二发布时，景顺KBW银行ETF股价上涨0.5％，至53.78美元，iShares美国保险ETF股价上涨0.28％，至115.40美元，
Image: Dan G from Flickr.
图片：来自 Flickr 的 Dan G。