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Goldman Sachs: The Fed is expected to restart the easing cycle in the fall.
Jin10 data, July 31 - Ashish Shah, Chief Investment Officer of Public Investments at Goldman Sachs Asset Management, stated that, as expected, Waller and Bowman, two members of the Federal Reserve Board of Governors, have become dovish dissenters, while the majority of FOMC members are inclined to wait and see the summer inflation trend. The data in the next two months will be crucial - if the inflation pressure caused by tariffs is confirmed to be just a temporary phenomenon, we believe that the Fed is likely to restart the easing cycle in the fall.