## Goldman Sachs Pushes Second Rate Hike Forecast to December After Soft PCE Inflation Data Boluwatife Adeyemi Highlights - Goldman Sachs said that an October Fed rate hike may be unnecessary. - The bank pushed back the second rate hike in its forecast to December. - It also said that the FOMC may consider a second hike as unnecessary. Goldman Sachs has pushed its forecast for a second Fed rate hike to December after soft August PCE inflation data. The bank also cited New York Fed President John Williams’ comments as the reason for this move, while they ultimately believe that the Fed may…