Ed Yardeni's Fed Bombshell: Rate Hike Coming In July
Veteran strategist Ed Yardeni predicts the Federal Reserve could raise interest rates as soon as July 29, 2026, a contrarian call with only ~5% market probability. Yardeni cites resilient economic conditions, strong labor market, and rising inflation driven by oil prices near $90/barrel due to geopolitical tensions. Despite forecasting a rate hike, Yardeni remains bullish on stocks, projecting the S&P 500 to reach 8,250 by year-end, citing strong earnings momentum.
https://www.benzinga.com/markets/economic-data/26/06/52976247/ed-yardeni-fed-rate-hike-july-2026?utm_source=benzinga_taxonomy&utm_medium=rss_feed_free&utm_content=taxonomy_rss&utm_campaign=channel