Goldman Sachs has revised its forecast for the next Federal Reserve rate cuts, now expecting them in December 2026 and March 2027, due to anticipated higher inflation levels, according to BeInCrypto. The bank's report suggests that energy cost pass-through will maintain core Personal Consumption Expenditures (PCE) inflation near 3% throughout 2026. This aligns with the International Monetary Fund's projection that core PCE will return to 2% only by early 2027. The delay in rate cuts could tighten liquidity for risk assets like Bitcoin and Ethereum, impacting crypto valuations.