Lates News

Barclays analysts stated in their report that the Federal Reserve is expected to maintain the federal funds target rate range at this week's meeting amidst high inflation, but there is still a possibility of a rate cut later this year. The analysts said, "In a highly uncertain environment, the Fed is inclined to stand pat given strong demand and persistently high inflation, supporting their patience. However, policymakers are signaling a weaker confidence in further rate cuts in the short term." The analysts indicated that if inflation falls as expected, the Fed is likely to start easing its policy around September, "We still expect them to cut rates this year." According to LSEG data, the currency market is currently pricing in a 10 basis point rate cut by the Fed in 2026.