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Barclays, BNP eye September Fed rate cut

ReutersAug 25, 2025 4:03 AM

- Barclays and BNP Paribas expect the U.S. Federal Reserve to cut interest rates in September, after Chair Jerome Powell signaled a shift toward an easing bias in a speech at Jackson Hole, the brokerages said in separate notes on Friday.

Both brokerages expect Fed to cut rates in September and December.

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