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Yardeni Research: The Federal Reserve should abandon its easing bias at the June meeting

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ME News Report, May 18 (UTC+8), Yardeni Research stated that as investors become increasingly concerned about inflation, the Federal Reserve needs to keep pace with the bond market or risk losing control over borrowing costs. The upcoming Fed Chair Waller, if more hawkish than market expectations, could help Trump achieve his long-held dream of low interest rates. Ed Yardeni, the company's president and chief investment strategist, said the Fed should abandon its easing bias at the June meeting, as it is "no longer" appropriate in the current market environment. (Source: ODAILY)
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