More on Nomura forecasting 100bp of FOMC rate cuts this year – end QT also

<p>From back on Friday, Nomura on FOMC rate cuts this year, 100bp in total:</p><ul><li><a href="https://www.forexlive.com/centralbank/nomura-forecasts-fed-rate-cuts-of-25bp-in-may-july-september-and-december-2024-20240126/" target="_blank" rel="follow" data-article-link="true">Nomura forecasts Fed rate cuts of 25bp in May, July, September and December 2024</a></li></ul><p>Adding a tiny bit more to this:</p><ul><li>Nomura forecast the U.S. Federal Reserve will begin reducing the pace of balance-sheet rundown in Jun</li><li>Project an end to quantitative tightening in December</li></ul><p>The Federal Open Market Committee (FOMC) meet this week:</p><ul><li><a href="https://www.forexlive.com/centralbank/federal-reserves-fomc-meet-this-week-goldman-sachs-expect-on-hold-with-a-cut-in-march-20240128/" target="_blank" rel="follow" data-article-link="true">Federal Reserve's FOMC meet this week, Goldman Sachs expect on hold, with a cut in March</a></li></ul>

This article was written by Eamonn Sheridan at www.forexlive.com.