The Federal Reserve may need to raise interest rates as soon as September if inflation remains elevated, according to Rob Kaplan, vice chairman at Goldman Sachs Group Inc. and former Dallas Fed president.
Rob Kaplan, vice chairman at Goldman Sachs and former Dallas Fed president, suggests the Federal Reserve might need to raise interest rates as early as September. This potential move is driven by persistently elevated inflation. Kaplan also indicates a risk of further rate hikes…
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