(Bloomberg) — Goldman Sachs Group Inc.’s Robert Kaplan said the Federal Reserve made “absolutely” the right call by not raising interest rates in July and urged policymakers to keep an open mind through September, citing a complex mix of inflationary and disinflationary “crosscurrents” making rigid forward guidance counterproductive. Processing Content “If I see meaningful improvement, […]

US wholesale inflation decelerated in July by more than estimated as energy and food costs fell, likely giving the Federal Reserve more time to assess price pressures at upcoming meetings.  Processing Content The producer price index rose 4.7% from July 2025 after a 5.5% annual increase in June, according to Bureau of Labor Statistics data