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Barclays: The Federal Reserve will keep interest rates unchanged this week and may still cut rates within the year
Mars Finance News, according to Jintao reports, Barclays Bank analysts said in a report that, with inflation still staying at a high level, the U.S. Federal Reserve is expected to keep the federal funds target rate range unchanged at this week’s meeting, but there is still a possibility of rate cuts this year. The analysts said that if inflation eases as expected, they expect the Federal Reserve to gain enough confidence around September to begin loosening policy.