Allianz GI forecasts Fed rate hikes in December, March and June

Cointime reports: Allianz Global Investors expects the Federal Reserve to raise interest rates in December this year and again in March and June 2027, the firm’s chief investment officer for multi-asset. Hirt said there is no AI bubble yet, pointing to strong corporate earnings and sustained capital spending. CIO Michael Heldmann projected roughly 16% US corporate earnings growth in 2027, adding that equity returns will depend more on earnings and dividends than on valuation gains.