[After PCE, Goldman Sachs 'tears up report': No longer predicting Fed rate hike in October, next possible hike in December] Goldman Sachs has postponed its forecast for the Federal Reserve's next rate hike from October to December, citing weaker-than-expected recent inflation data, which has cooled market bets on the Fed continuing to tighten policy in the short term. The institution previously predicted that the Fed would raise rates by 25 basis points in October, but its latest assessment suggests the Fed may need more time to evaluate economic data. In its latest report, Goldman Sachs stated that it has adjusted the timing of the second rate hike from October to December and believes that the Federal Open Market Committee (FOMC) may ultimately determine that further rate hikes are unnecessary. Goldman Sachs believes that if subsequent inflation data continues to ease, the Fed may ultimately decide that no additional rate hikes are needed. However, if energy prices, demand, or other factors reignite inflationary pressures, the policy path could still be adjusted.