Nomura Securities Revises Fed Rate Cut Forecast to September and December

Nomura Securities has updated its forecast for the U.S. Federal Reserve's interest rate cuts, now predicting reductions of 25 basis points each in September and December. According to Jin10, this revision contrasts with their earlier projection, which anticipated rate cuts in June and September. The adjustment reflects Nomura's reassessment of the economic landscape and the Fed's potential policy trajectory.