[Goldman Sachs Adjusts Fed Policy Expectations: From Previously Forecasting a Pause to Now Predicting a Rate Hike in September] According to a report by Cailian Press, Goldman Sachs economists now expect the Federal Reserve to raise interest rates by 25 basis points at the conclusion of the two-day FOMC meeting on September 16. Previously, the bank had forecasted no change in rates. The team adjusted its rate forecast due to U.S. Consumer Price Index data released Friday morning in New York, which came in higher than market expectations. Following the release of this data, market pricing indicated that the probability of a rate hike in September had risen to approximately 90%. Goldman Sachs Chief U.S. Economist David Mericle stated in a research report on Friday: 'We now expect the September FOMC meeting next week to result in a 25 basis point rate hike (previously forecasted as no change).'