Barclays: The Federal Reserve will keep interest rates unchanged this week, but a rate cut is still possible within the year

According to Jinshi reports, Barclays Bank analysts stated in a report that against the backdrop of high inflation, the Federal Reserve is expected to maintain the federal funds target rate range unchanged at this week's meeting, but there is still a possibility of interest rate cuts this year. Analysts said that if inflation falls as expected, the Federal Reserve is expected to gain enough confidence around September to begin easing policy.