Goldman Sachs Interprets Fed Decision: May Narrowly Avoid Rate Hikes, Inflation Will Be Key Variable

PANews, June 18 – According to Jinshi reports, Goldman Sachs Asset Management analyst Kay Haigh stated that today’s interest rate decision confirms the Fed’s recent hawkish shift is not solely related to rising energy prices. Despite the recent pullback in oil prices, half of the FOMC members expect rate hikes as early as this year, reflecting strong labor market and inflation data. Our base case remains that the Fed can narrowly avoid raising rates, but the path is narrow, and future inflation data will carry significant weight.

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