0524 GMT - The Federal Reserve will keep interest rates unchanged through the end of 2027, according to Barclays's baseline expectations. Barclays strategists, however, continue to view risks as skewed toward rate increases. The Fed's minutes of the latest policy meeting highlight the participants' increased concerns about inflation and risks that it remains persistently elevated, the strategists say. "While participants expected inflation to diminish, they saw risks that it remains persistently elevated, partly given the strong demand for AI-related investments," the strategists write in a note. Participants remained divided about the future course of policy, the strategists say. (emese.bartha@wsj.com)
(END) Dow Jones Newswires
July 09, 2026 01:24 ET (05:24 GMT)
Copyright (c) 2026 Dow Jones & Company, Inc.
Comments