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首席執行官肯·格里芬週一參加了CNBC的 “權力午餐”，討論了通貨膨脹、利率以及人工智能對美國勞動力的影響。
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.
發生了什麼：聯儲局在5月份的會議上保持利率穩定，這標誌着連續第六次沒有利率變動。格里芬在本週接受CNBC採訪時表示，聯儲局維持利率不變是正確的決定，因爲他認爲在可預見的將來利率應保持不變。
"They've got to stay with higher rates to bring inflation back in check," Griffin said. "They need to bring inflation down over time."
格里芬說：“他們必須保持更高的利率，才能控制通貨膨脹。”“他們需要隨着時間的推移降低通貨膨脹。”
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."
這位億萬富翁對沖基金經理指出，商品通貨膨脹率有所下降，但服務業的通貨膨脹率仍然較高，因此，“我認爲，鮑威爾和團隊做出了正確的選擇，即在更長的時間內保持較高的水平。”
Related News: Fed's Stance On Inflation, Job Market Performance, And Peter Schiff Slamming Jerome Powell: Top Economic Updates This Week
相關新聞：聯儲局對通貨膨脹的立場、就業市場表現以及彼得·希夫對傑羅姆·鮑威爾的抨擊：本週主要經濟最新情況
Griffin acknowledged some sectors and industries are more likely to suffer when interest rates are high, including commercial real estate and highly-leveraged companies.
格里芬承認，當利率居高不下時，一些行業和行業更有可能遭受損失，包括商業房地產和高槓杆公司。
"If you borrow money, you want to pay less in interest," the Citadel CEO said.
Citadel首席執行官說：“如果你借錢，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，包括銀行、基金經理和保險公司在內的金融部門公司可能會在高利率環境中受益。希望獲得銀行業敞口的投資者可以購買景順KBW銀行ETF（納斯達克股票代碼：KBWB）或iShares美國保險ETF（紐約證券交易所代碼：IAK）的股票，後者爲保險行業的公司提供敞口。
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.
展望未來：隨着企業高管傾向於在工作場所採用人工智能，格里芬將人工智能視爲經濟的強勁推動力。
"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.
這位首席執行官表示：“人工智能確實改變了美國企業的思維方式，” 他之前指出，越來越多的公司和高管將技術和人工智能視爲 “快速啓動” 生產力的一種方式。
"This really improves life for the average American and helps to keep our economy strong and robust," Griffin concluded.
格里芬總結說：“這確實改善了普通美國人的生活，並有助於保持我們的經濟強勁和強勁。”
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價格走勢：根據Benzinga Pro的數據，在週二發佈時，景順KBW銀行ETF股價上漲0.5％，至53.78美元，iShares美國保險ETF股價上漲0.28％，至115.40美元，
Image: Dan G from Flickr.
圖片：來自 Flickr 的 Dan G。