Asset Management in Paris, France: Although the market is expected to raise interest rates twice, the Fed's rate hike in September is unlikely to be the beginning of an austerity cycle similar to 2023-23. This could mark the beginning of an “insured rate hike” aimed at returning inflation to target levels by reversing three rate cuts last year.

Asset Management in Paris, France: Although the market is expected to raise interest rates twice, the Fed's rate hike in September is unlikely to be the beginning of an austerity cycle similar to 2023-23. This could mark the beginning of an “insured rate hike” aimed at returning inflation to target levels by reversing three rate cuts last year.