Barclays Expects U.S. Fed To Deliver A 25 BP Rate Hike Each In December And January Vs Prior Forecast Of A Hike In December This Year

Barclays has revised its forecast for U.S. Federal Reserve interest rate hikes, now expecting a 25 basis point increase in both December 2023 and January 2024, compared to its previous prediction of a single hike in December. This change reflects Barclays' updated outlook on monetary policy and its implications for the market.