[Goldman Sachs Downplays Fed Rate Hike Expectations for This Year] Jin10 News, April 1 – Goldman Sachs analysts pointed out in a report that since the outbreak of the Iraq war, market pricing for the U.S. federal funds rate has fluctuated significantly, but the likelihood of a rate hike this year remains low. Analysts stated that the current supply shock is relatively small and more limited compared to past shocks that triggered inflation issues, and the increase in oil prices is also less pronounced than in the 1970s. Furthermore, they believe that 'the starting point of the economy makes the likelihood of widespread inflation spillover relatively low,' and the current monetary policy starting point also reduces the probability of a rate hike. Analysts emphasized: 'The Federal Reserve typically does not implement tightening policies solely in response to oil shocks.'