Barclays: The Fed's next rate cut is expected in March

On January 2, according to Jinshi, Barclays maintained its expectation of a rate cut by the Federal Reserve in 2026. The bank's US economists stated in the report that the Fed is expected to cut rates twice in 2026, by 25 basis points each, in March and June. They believe that the risk of delaying the rate cut is greater compared to this baseline scenario.
The information revealed in the December Federal Reserve policy meeting minutes is consistent with Barclays' expectations, indicating that the January meeting may hold steady. Economists pointed out, “because the Federal Open Market Committee needs time to assess the impact of recent rate cuts.”