Yardeni Predicts Federal Reserve May Raise Rates to Curb Bond Market Pressure
Ed Yardeni of Yardeni Research suggests that incoming Fed Chair Kevin Warsh may need to raise interest rates in July or later this year to align with the bond market and address inflation concerns. The current pricing implies a 42% chance of an increase by year-end, as Treasury yields have risen sharply.
Topics: bond market Fed policy inflation interest rates