Nomura Forecasts Unchanged Federal Reserve Interest Rates for This Year

Deep News05-22 13:15

Nomura Securities stated on Friday that it now expects the Federal Reserve to keep interest rates unchanged in 2026, as rising inflation and reduced willingness among Fed officials to cut rates have lowered the likelihood of near-term reductions.

In a report, Nomura Securities noted, "Incoming Fed Chair Kevin Wash may still have the desire to ease monetary policy, but recent data and statements from Fed officials lead us to question whether he can persuade a majority of the Federal Open Market Committee (FOMC) members to agree to a rate cut."

The brokerage had previously predicted that the Fed would implement two rate cuts this year, each by 25 basis points, in September and December.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment