What could make the Fed reverse its Monetary policy?

#1
This topic will mainly appeal to people who have some basic awareness of Macroeconomics and MMT.

In links below Mohamed El-Erian says that the liquidity shall continue until the FOMC “loses control over long-term bond yields.”

https://www.theinstitutionalriskanalyst.com/post/don-t-fight-the-fed-yet

(see 2:30 onwards)

My question is what does "loses control over long-term bond yields” mean?

Looking only for informed views on this specific question. Thx!
 

Similar threads