Breaking
Posted 5 days ago
Goldman's Kaplan Warns Fed May Hike Rates by September
Goldman Sachs Vice Chairman and former Dallas Fed President Rob Kaplan warned the Federal Reserve may need to raise interest rates as early as September if inflation stays elevated, with risks skewed toward additional hikes beyond that.
A hawkish Fed repricing typically strengthens the USD across the board. EUR/USD, GBP/USD, and USD/JPY are the most exposed pairs, as rate hike expectations shift U.S. yield differentials in the dollar's favor.
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