30 Oct 2025 | 5 Mins Read

Nomura sees end to Fed rate cuts in 2025

Flipitmoney

Nomura now expects the US Federal Reserve to keep interest rates unchanged in December, after the Fed cut rates by 25-basis points following its Wednesday meeting. The brokerage revised its forecast to three 25-basis point cuts in 2026: March, June, and September. Jerome Powell said internal policy disagreements and limited federal data may hinder further cuts this year.