Barclays expects the Federal Reserve to December and next year January raise rates by 25 basis points each
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AT A GLANCE
Barclays expects the Federal Reserve to December and next year January raise rates by 25 basis points each.
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Barclays: The Federal Reserve is expected to December and next year January raise rates by 25 basis points each
PANews October 16 According to PANews, Barclays expects the Federal Reserve to December and next year January raise rates by 25 basis points each, whereas its previous forecast was for a rate hike of December this year.
PANews reported on October 16 that Barclays expects the Federal Reserve to December and next year January raise rates by 25 basis points each.
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Barclays' previous forecast was for a rate hike of December this year.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This is a report relaying Barclays' rate forecast, not a formal decision already made by the Federal Reserve. “Basis points” is a unit used to describe changes in interest rates.
Why it matters to readers
The forecast indicates that Barclays expects a longer rate-hike path than previously anticipated; it remains to be seen whether the relevant forecast will be adjusted.
A rate hike generally refers to an increase in interest rates; basis points are used to express interest-rate changes more precisely.
Risks and unknowns
The report does not specify the particular year corresponding to “next year January.”
The content relays PANews' report of Barclays' forecast and is not a formal decision by the Federal Reserve.
The available evidence alone cannot confirm whether Barclays' forecast will materialize.
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Related concepts
Basis Points
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