Nomura sees Fed cutting rates by 25bps in September as inflation cools
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NOMURA now expects the US Federal Reserve to cut interest rates by 25 basis points at its September meeting, citing softer core PCE inflation and weakening labour market data.
The brokerage sees further 25bp cuts in December and March 2026, aligning with the Fed’s June dot plot, it said in a note on Tuesday. REUTERS
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