Economics

Barclays Forecasts Three More Fed Rate Cuts as Europe Slows

  • World looks ‘a lot shakier’ since Fed met in July: Barclays
  • Bank expects U.S. economy to expand about 2% next year
Photographer: Andrew Harrer/Bloomberg
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Economists at Barclays PLC this week revised their outlook for central bank rates and growth across major economies and now project three additional quarter-point cuts by the Federal Reserve in 2019.