Barclays: Expects the Fed to cut rates by 25 basis points this week, followed by two more 25 basis point cuts in March and June next year.

According to Odaily Planet Daily, Barclays expects the Federal Reserve to cut interest rates by 25 basis points to a range of 3.5% to 3.75% at this week's policy meeting. The post-meeting statement is expected to include hawkish language, suggesting a pause in rate cuts in January. The bank currently maintains its forecast of 25 basis point rate cuts in March and June of next year. Barclays believes the new summary of economic projections may show little change in economic forecasts, while the dot plot will reflect one 25 basis point rate cut each in 2026 and 2027. The median long-term interest rate forecast is expected to remain at 3%. (Golden Ten)