BNP Paribas Expects the Federal Reserve to Cut Rates by 25 Basis Points Each in September and December

BlockBeats News, August 25 — BNP Paribas expects the Federal Reserve to cut interest rates by 25 basis points each in September and December (previously, it had forecast no rate cuts in 2025).

Previously, Barclays had expected the Federal Reserve to cut rates by 25 basis points in both September and December this year (its earlier forecast was for a single rate cut in December only).