Barclays: Fed rate cuts are a foregone conclusion, but the subsequent policy trend is still suspense
Source: BlockBeats
Time: 2025-09-15 10:40:36
According to BlockBeats, on September 15, the market generally expected the Federal Reserve to cut interest rates by 25 basis points this week, but there is still uncertainty in the direction of guiding the policy after it is implemented. Marc Giannoni, chief U.S. economist at Barclays, said that while inflation data remained moderate, the FOMC would determine that the downside risks to achieve employment targets were rising. He added that the Fed's economic forecast report has almost no change, but the dot plot will show three rate cuts this year (25 basis points each), one rate cut in 2026 and 2027, and the median long-term interest rate forecast remains unchanged at 3.0%. (Jin Shi)