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According to ChainCatcher, citing Jinse Finance, Barclays economists expect the Federal Reserve to cut interest rates consecutively in September, October, and December, even though upcoming data may show an acceleration in consumer inflation. They believe the likelihood of a 50 basis point rate cut is very small and that the market has already priced this in. The economists predict two more rate cuts in March and June 2026, ultimately bringing the interest rate down to 3% - 3.25%. In contrast, Barclays expects the European Central Bank to keep rates unchanged this week.

Jinse Finance reported that as the U.S. employment report indicates increasing downside risks in the labor market, Barclays economists expect the Federal Reserve to cut interest rates consecutively in September, October, and December, even though upcoming data may show an acceleration in consumer inflation. However, they ruled out the possibility of a significant rate cut by the Fed. The report stated: "We believe the likelihood of a 50 basis point rate cut is very low, and the market is indeed pricing it that way. The upcoming CPI and the Quarterly Census of Employment and Wages (QCEW) will have limited impact on this expectation." Economists still predict two more rate cuts in March and June 2026, bringing the final rate down to 3.00%-3.25%. In contrast, Barclays expects the European Central Bank to remain unchanged this week, while fiscal pressures will persist, especially in France and the UK. (Golden Ten Data)