Barclays: The Federal Reserve may keep rates unchanged until the end of 2027

```htmlGolden Ten Data reported on July 9 that, according to Barclays' baseline expectations, the Federal Reserve will keep interest rates unchanged until the end of 2027. However, Barclays' strategists still believe the risks are tilted toward a rate hike. The strategists noted that the latest FOMC meeting minutes highlighted escalating concerns among participants about inflation, as well as the ongoing risk of persistently high inflation. They stated: "Although participants expect inflation to decline, they believe the risk of inflation remaining elevated persists, partly due to strong demand for artificial intelligence-related investments." Meanwhile, participants remain divided over the future direction of policy.```