Nomura: Fed forecasts suggest future inflation may ease, increasing the likelihood of rate cuts

According to ChainCatcher, citing Golden Ten Data, Nomura Asset Management's Chief Investment Officer Matthew Parry stated in a memo that the latest data points to a slowdown in inflation and a weakening labor market, making another rate cut possible. He noted that new economic forecasts should reflect a moderation in inflation over the coming quarters, opening the door to further rate cuts. Parry also mentioned that the current Federal Reserve committee is more divided than ever on the path of monetary policy.