Société Générale recently predicted that the Federal Reserve will start raising interest rates in September due to continued inflation and an improving labor market prompting policymakers to adopt a more austerity stance. The bank currently predicts that the Federal Reserve will raise interest rates by 25 basis points at the September and December meetings, and then raise interest rates again in March 2027. Jan Groen, chief US economist at Société Générale, pointed out in a recently released report that the final interest rate hike is uncertain.

Société Générale recently predicted that the Federal Reserve will start raising interest rates in September as continued inflation and an improving labor market push policymakers to take a more austerity stance. The bank currently predicts that the Federal Reserve will raise interest rates by 25 basis points at the September and December meetings, and then raise interest rates again in March 2027. Jan Groen, chief US economist at Société Générale, pointed out in a recently released report that the final interest rate hike is uncertain.