Barclays expects Fed to push back rate cuts on inflation worries

March 13 (Reuters) - Barclays economists said on Friday they were now expecting the U.S. Federal Reserve to push its first interest rate cut to September from June, citing a firmer inflation outlook and upside risks to headline price pressures stemming from the war with Iran.

The brokerage also pushed back its projected December cut to March 2027 and now sees only one 25-basis-point reduction this year, followed by another in 2027.