Lindsay Rosner: The probability of the Federal Reserve raising interest rates in July is 50%

Lindsay Rosner, head of diversified industry investments at Goldman Sachs Asset and Wealth Management, stated that the probability of the Federal Reserve raising interest rates in July is 50%, with personal consumption expenditure reports being a key factor and the wealth effect of rising stock prices being the reason for the rate hike. Goldman Sachs has postponed the expected rate cut to the end of 2027.