Barclays Expects Two More US Rate Increases This Year
Barclays expects the Federal Reserve to raise interest rates in September and December following more hawkish signals.
Barclays now expects two quarter-point US interest-rate increases, one in September and another in December, after Federal Reserve chair Kevin Warsh signalled a firmer stance.
The forecast could influence currencies, borrowing costs and global capital flows.
Reporting basis: NewsRena Editorial Desk review of reporting by Reuters.
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