YARDENI: FED SHOULD TURN MORE HAWKISH Yardeni Research says the Fed should adopt a more hawkish stance, arguing inflation risks now outweigh growth concerns. The firm points to strong consumer spending (+3.3%), business investment (+8.4%), and AI-driven capex as evidence the economy remains robust. Yardeni also notes markets are increasingly aligning with hawkish Fed officials, while sticky inflation and elevated services prices support the case for tighter policy.(*Walter Bloomberg)