The IMF has suggested that the US Federal Reserve should continue to raise interest rates for a longer period in order to control inflation, and has also urged the Biden Administration to tighten fiscal policy to reduce federal debt. The Fed is expected to increase rates by 25 basis points in June, and officials believe that the FOMC must continue to raise federal funds rates to over 6%. As the US Treasury Department plans to issue $600-$700 billion in Treasury bills after the debt ceiling deal, the stock and crypto markets are expected to enter a correction phase.