Recently, Barclays released a new research report providing a clear forecast of the Federal Reserve's policy direction in 2026. The bank's economists believe that the Federal Reserve will cut interest rates twice in 2026, each by 25 basis points, with plans to implement these cuts in March and June respectively.

Interestingly, they mentioned that delaying rate cuts poses a greater risk compared to this baseline scenario. This judgment is actually consistent with the views expressed in the Federal Reserve's December policy meeting minutes—the January meeting is expected to remain on hold. Economists explained the reason: the Federal Reserve needs sufficient time to assess the actual impact of the recent rate cuts.

For traders focused on the macro environment, this information is crucial. The pace of the Federal Reserve's policy directly affects liquidity conditions, which in turn influence the performance of the entire digital asset market.