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<Research>Nomura Predicts Fed to Keep Rates Unchanged in Jan
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Nomura has released a research report predicting that the FOMC is very likely to maintain the current interest rate level at the January rate meeting, and the policy guidance will continue to suggest a higher threshold for future rate cuts.

Specifically, Nomura doesn't expect US Federal Reserve Chair Jerome Powell to provide a clear signal regarding future rate cuts. He will likely reiterate that the policy is in a "good spot" and add that the current interest rate is "within a neutral and reasonable estimate range".

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