Barclays: cuts Fed's 2026 rate cut forecast to two from three
Barclays: cuts expectations for the number of Fed rate cuts in 2026 from three to two, each by 25 basis points. Economist Marc Giannoni and others now still expect the FOMC to cut rates this year by 25 bps in June and 25 bps in September, but such a rate path is highly uncertain.
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