Goldman Sachs warns: the Federal Reserve may raise interest rates as early as September, with further rate hikes risk in the future.
According to the Zhitong Finance APP, Goldman Sachs Group Vice Chairman and former Dallas Fed President Kaplan stated that if inflation remains high, the Fed may need to raise interest rates as early as September. In an interview, Kaplan said, "If the inflation data announced between now and September does not show a significant cooling trend, I actually think that from the perspective of risk balance, it would be wise to take some action, whether it's in September or this fall." "That would be the more reasonable approach."
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