[Goldman Sachs: If Inflation Doesn't Cool Down, Fed May Raise Rates as Early as September] Jin10 News, June 18 – Goldman Sachs Vice Chairman and former Dallas Federal Reserve President Robert Kaplan stated that if inflation remains elevated, the Federal Reserve may need to raise interest rates as early as September. Kaplan said: 'If inflation data does not cool down between now and September, it would be prudent for the Fed to take action in September or the fall. That would be a more cautious approach.' After Fed Chair Walsh hinted at remaining focused on combating inflation, the market turned hawkish. Traders sold off short-term Treasury bonds, driving up certain yields. Walsh's remarks were reinforced by individual forecasts from Fed members, with half of them expecting a rate hike before the end of the year. Kaplan noted that if inflation remains stubborn, it indicates that monetary policy is still too loose. He also pointed out: 'The Fed's policy actions are rarely one-off moves; rate hikes often occur in a series of two or three. So I believe if you act in September, you need to be prepared. There may be one or two more hikes after that.'