Goldman Sachs: Overall, U.S. underlying inflation remains relatively mild; if it persists, the Federal Reserve may restart rate cuts in the fall.

PANews July 15 news, according to Jin Ten reports, Goldman Sachs Co-Global Head of Fixed Income and Liquidity Solutions Kay Haigh stated: "Although the consumer price index released today shows some early signs of tariff impact, overall, underlying inflation remains relatively mild. However, price pressures are expected to increase during the summer, and the CPI reports for July and August will be important hurdles to cross. Currently, the Federal Reserve is still in a wait-and-see mode. But if underlying inflation continues to remain mild, the possibility of the Federal Reserve restarting the rate cut cycle in the fall still exists."