Senior strategist Yardeni: If the Federal Reserve truly wants to achieve its inflation target, it is very likely that they will raise interest rates.

Senior market strategist Ed Yardeni stated that if the Federal Reserve truly intends to lower the inflation rate to the target level of 2%, it is very likely that they will raise interest rates. On Wednesday, the Federal Reserve kept interest rates unchanged, and the new chairman, Kevin Warsh, surprised the market with a hawkish stance during the subsequent press conference. "The most memorable thing Warsh said was 'Look, we haven't reached the 2% inflation target for over five years'," Yardeni, president and chief investment strategist of Yardeni Research, said on Bloomberg TV. "If we don't raise rates, how can we achieve this goal? So I think the market's current assessment is correct."