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Barclays: The Fed will cut interest rates consecutively within the year, while the European Central Bank will maintain interest rates this week.
ChainCatcher news, according to Jin10 reports, Barclays economists expect the Fed to cut interest rates consecutively in September, October, and December, although upcoming data may show consumer inflation accelerating. They believe the likelihood of a 50 basis point cut is low, and the market has already priced this in. Economists predict another rate cut in March and June 2026, ultimately bringing the interest rate down to 3% - 3.25%. In contrast, Barclays expects the European Central Bank to keep interest rates unchanged this week.