KITSUNE

Barclays, one of the largest banks in the UK, has joined several other financial companies in predicting that there will be no easing of policy from the US Federal Reserve this year, citing persistently high energy prices due to the Iran war, which is expected to keep inflation elevated.
The UK brokerage firm initially forecasted a 25 basis point interest rate cut in September 2026 and maintained the forecast of a quarter-point cut in March 2027. However, the bank revised its initial expectations for US interest rate cuts, with concerns over inflation risks related to ongoing geopolitical tens