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CoinVoice has recently learned that Barclays currently believes the European Central Bank may choose to cut interest rates once in December, rather than the previously predicted cut in September. The bank's economist Mariano Sinha stated that this revision takes into account the weakness in economic activity in the second half of the year, caused by the ongoing drag of trade policies and the impact of earlier imports from the United States.
Barclays expects that by December, signals regarding trade headwinds will become clearer, and concerns about the impact of supply chain disruptions on inflation will also decrease. Additionally, confidence that the fiscal plan for 2026 will not reignite inflationary pressures may strengthen, supporting a 25 basis point rate cut. Barclays expects that by 2026, the European Central Bank's terminal deposit rate will remain at 1.75%. (金十)