After the non-farm data is revised, Citadel added another blow: "The most likely next step for the Fed is to raise interest rates, and it may happen very soon."

Wisdom Financial APP learned that following the better-than-expected non-farm payroll data last week which completely shattered the market's expectations of a rate cut by the Federal Reserve, Citadel Securities recently issued a warning in its latest client report: the Fed may need to raise rates in the near future to curb the rising inflationary pressures, posing a significant risk of tightening financial conditions for investors.