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Barclays expects US Fed to deliver two rate cuts in June and September

ReutersMar 13, 2025 10:54 AM

- Barclays now expects the U.S. Federal Reserve to deliver two quarter-point interest rate cuts in June and September, the Wall Street brokerage said on Thursday, citing softer labor market conditions amid tariff uncertainty.

It had earlier projected one 25-basis point cut in June.

"The softer labor market causes us to add another

rate cut, despite higher inflation," Barclays analysts said.

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