


TechFlame News, December 10 – According to Jinshi Data, Nomura Capital Management's baseline scenario before mid-November was that the Federal Reserve would not make any interest rate adjustments in December. However, Chief Investment Officer Matthew Palley stated in a memo that the latest data points to signs of slowing inflation growth and a weakening labor market, making another rate cut possible. He said that the new economic forecasts should reflect a moderation in inflation over the next few quarters, which opens the door for another rate cut. Palley noted, "Although our view on the Fed's recent decisions has changed, it is clear that the current committee is more divided on how to handle the monetary policy path than he can recall in a long time."