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Goldman's Kaplan: Would Lean Toward Raising Rates

Source: Bloomberg

Monetary PolicyInterest Rates & YieldsElections & Domestic Politics

Goldman Vice Chairman Robert Kaplan said he would raise interest rates in September if there are no surprises, while emphasizing he would still keep an open mind. The comment is broadly hawkish, suggesting a higher-for-longer bias that could reinforce upward pressure on near-term rate expectations.

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