Goldman Sachs Group Vice Chairman Robert Kaplan said that if there are no surprises, he would prefer the Federal Reserve to raise interest rates in September, but he will remain open. The former Dallas Federal Reserve Governor said in an interview with the media that he is inclined to think that the September meeting will raise interest rates. He also said that the US inflation rate is expected to approach 2% in the next few years.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.