Deutsche Bank, Barclays, and BNP Paribas have revised their forecasts to anticipate that the U.S. Federal Reserve will cut interest rates by 25 basis points in both September and December 2025. This marks a change from their earlier projections, which predicted only a single rate cut in December. The consensus among these major financial institutions indicates a shift towards earlier monetary easing within the year. Meanwhile, in Sweden, SEB has adjusted its GDP growth forecasts downward, expecting 1.1% growth in 2025, down from 1.6% predicted in May, and 2.7% growth in 2026, slightly below the previous 2.9% estimate. SEB also maintains the expectation that the Swedish central bank, the Riksbank, will reduce its benchmark interest rate by half a percentage point in September to stimulate a delayed economic recovery.