Groupama Asset Management sees US core CPI inflation rising to 2.8% over next 12 months
TLT•Groupama Asset Management’s inflation gauge points to US core CPI inflation reaching 2.8% within 12 months. It says a December Fed rate hike is possible and expects higher core inflation to prompt rate increases in 2027.
1. Inflation outlook
Groupama Asset Management’s inflation gauge points to US core CPI inflation reaching 2.8% within 12 months. The firm says accelerating cyclical growth and rising commodity prices suggest core inflation will increase in 2027. A further Fed Funds rate hike is possible in December, while rising long-term yields could allow the Fed to pause tightening temporarily.
