Goldman’s Kaplan Says Fed May Hike by Fall, Sees Risk of More

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...

By Ruth Carson, David Ingles, Yvonne Man · Bloomberg Markets

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.