Goldman Sachs: If inflation remains high, the Federal Reserve may start a "series of interest rate hikes" in September
Goldman Sachs Vice Chairman and former Dallas Fed President Robert Kaplan stated that the Federal Reserve might need to raise interest rates starting in September if inflation remains persistently high. Kaplan also noted that Federal Reserve policy adjustments are rarely isolated events, typically involving two to three consecutive rate changes. Separately, China's financial sector saw a year-over-year asset growth of 8.8% in Q1 2026, with banking, securities, and insurance institutions all reporting increases. AI
IMPACT Potential interest rate hikes could influence investment in AI development and deployment.