Adrian, the proposer of the "bond vigilantes", stated that the Federal Reserve should end its loose policy in June, otherwise it will lose control over interest rates.
Zhitan Finance APP learned that, according to Yardeni Research, as investors' concerns about inflation intensify, the Federal Reserve needs to keep up with the bond market, otherwise it will face the risk of losing control over borrowing costs. Ed Yardeni, President and Chief Investment Strategist of the firm, stated that given the current market conditions are "no longer" suitable for loose policies, the Federal Reserve should abandon its loose stance at the June meeting.
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