Groupama Asset Management Sees 25-Basis-Point Fed Hike in December if Data Confirm Outlook

• The Fed is expected to raise rates 25 basis points on December 9 if upcoming data confirm strengthening activity and elevated inflation.
• Third-quarter 2026 GDP, business surveys and inflation data will be key to that assessment.
• Policymakers held rates unchanged, with two dissenting votes, seeking more information before considering an adjustment.
• Higher bond and mortgage yields, alongside dollar appreciation, have shifted financial conditions from accommodative to neutral.
• Investment is broadening beyond artificial intelligence, while geopolitical uncertainty and the risk of a wider Middle East conflict support caution.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Groupama Asset Management SA published the original content used to generate this news brief on October 29, 2026, and is solely responsible for the information contained therein.