TechFlow, Dec 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 Parell said in a memo that recent data point to signs of slowing inflation and a weakening labor market, making another rate cut possible. He stated that updated economic forecasts should reflect a moderation in inflation over the coming quarters, opening the door for further rate cuts. Parell added, "Although our view on the Fed's near-term policy decisions has changed, one thing is clear: the current committee is more divided on how to approach the monetary policy path than at any time in my memory."
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