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Nomura Securities adjusts its expectations for the Fed's December rate cut

Nomura Securities adjusts its expectations for the Fed's December rate cut

After the Federal Reserve's October interest rate decision and the press conference held by Fed Chair Jerome Powell, Nomura Securities adjusted its forecast for a possible Fed rate cut in December. Previously, Nomura Securities had expected the Fed to cut rates by 25 basis points in December. However, current conditions indicate a shift in market expectations.

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