Yardeni Urges Fed to Drop June Easing Bias as Inflation Fears Push Yields Higher
Updated
Updated · Bloomberg · May 18
Yardeni Urges Fed to Drop June Easing Bias as Inflation Fears Push Yields Higher
2 articles · Updated · Bloomberg · May 18
June is the key deadline in Ed Yardeni’s call for the Federal Reserve to remove its easing bias, arguing the stance is no longer appropriate.
Bond markets are already pushing back: rising Treasury yields reflect growing investor concern that inflation risks are building again.
Yardeni said the Fed needs to catch up with that market signal or risk losing control of broader borrowing costs.
The warning points to a widening gap between policymakers’ dovish tilt and investors’ inflation outlook, raising pressure on the Fed before its next meeting.
Have 'bond vigilantes' already seized control of interest rates from the Federal Reserve?
Could shrinking the Fed's balance sheet to fight inflation actually spark a financial crisis?
Why does a top strategist see a bond crisis and a stock market 'meltup' happening at the same time?