Nov 1 (Reuters) - Goldman Sachs has brought forward its forecast by a year to July 2022 for the first post-pandemic U.S. interest rate hike, as the investment bank expects inflation to remain elevated. Federal Reserve policymakers are expected to announce plans to start tapering the central bank's $120 billion in monthly purchases of Treasuries and mortgage-backed securities at the end of their two-day policy meeting on Wednesday. In the wake of Friday's inflation data, fed fund futures 0#FF: fully priced in a quarter-point tightening by July 2022 and another rate increase by December.