Barclays: The Federal Reserve is expected to cut interest rates by 25 basis points this week and make two more cuts next year

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