BlockBeats message, August 6: Yardeni Research, an independent investment research institution on Wall Street, said the Federal Reserve should adopt a more hawkish policy stance. Currently, inflation risks have already exceeded concerns about economic growth slowing.
The institution noted that U.S. consumer spending grew 3.3%, business investment grew 8.4%, and AI-driven capital expenditures are continuing to expand, indicating that the economy remains strong and there is no sign that would call for a clear loosening of monetary policy.
Market pricing is gradually moving toward the hawkish stance of Federal Reserve officials. Inflation remains sticky, and service-sector prices stay elevated, which also supports the Fed adopting a more tightening policy stance.
The institution noted that U.S. consumer spending grew 3.3%, business investment grew 8.4%, and AI-driven capital expenditures are continuing to expand, indicating that the economy remains strong and there is no sign that would call for a clear loosening of monetary policy.
Market pricing is gradually moving toward the hawkish stance of Federal Reserve officials. Inflation remains sticky, and service-sector prices stay elevated, which also supports the Fed adopting a more tightening policy stance.