Goldman Sachs interprets the Fed's decision: a rate hike can be narrowly avoided; inflation will be the key variable.

PANews reported on June 18th that, according to Jinshi, Goldman Sachs asset management analyst Kay Haigh stated that today's interest rate decision confirms that the Federal Reserve's recent hawkish shift is not solely related to rising energy prices. Despite the recent decline in oil prices, half of the FOMC members expect a rate hike as early as this year, reflecting a strong labor market and inflation data. Our basic assessment remains that the Fed can barely avoid raising rates, but the path is narrow, and future inflation data will carry significant weight.