[Goldman Sachs Raises Fed Rate Hike Forecast After Third Consecutive Month of Higher-than-Expected Inflation] Goldman Sachs stated on Tuesday that following higher-than-expected inflation data in October, marking the third consecutive month of higher-than-expected inflation, the bank expects the Federal Reserve to raise interest rates by 25 basis points in March 2027. Goldman Sachs stated, "The October CPI report significantly exceeded expectations across multiple categories, marking the third consecutive month that inflation data has been more severe than anticipated. We continue to expect the Fed to raise rates by 25 basis points for the second time in December and have included a third 25 basis point rate hike in our March 2027 forecast. A third rate hike could also occur as early as January 2027, but we believe a March hike is slightly more likely. This is because we expect inflation data to decline somewhat in November and December, but given the continued cost pressures, the typically larger price increases for goods and services at the beginning of the year could drive inflation back up in January 2027." The Fed already raised rates for the first time in September 2026. (Golden Ten)