📢 Nomura Revises Forecast for Fed’s December Rate Decision
According to Odaily, Nomura Securities has updated its outlook for the Federal Reserve’s December policy meeting, now expecting a 25 basis point rate cut, a shift from its earlier prediction of no change.
Despite this revision, Nomura notes significant uncertainty surrounding the decision. The change is driven by dovish signals, indicating that “risk management-style” rate cuts could be justified for the Fed’s centrist members.
Key points:
- Four hawkish members are expected to oppose the cut.
- Milan is expected to push for a more aggressive 50 basis point reduction.
- Looking ahead, under a new Fed Chair, Nomura forecasts 25 basis point cuts in June and September 2026.
This development could have major implications for markets, especially for crypto and equities, as traders adjust to a more dovish Fed stance.
