US Stock Market: Barclays turns hawkish on Fed, sees two rate hikes in 2026

Barclays has turned more hawkish on the US Federal Reserve, now expecting two 25-basis-point rate hikes in 2026. The brokerage sees increases in September and December, reversing its earlier call for unchanged rates. The shift follows hawkish remarks from Fed Chair Kevin Warsh and renewed concerns over persistent inflation.