Nomura: we put 1-in-4 chance of recession risk in the U.S. which is fairly ‘elevated'

Nomura Analyst Suggests the Fed Could Cut Interest Rates in September #

According to Rob Subbaraman, an analyst at Nomura, the Federal Reserve may implement a rate cut between 25 and 50 basis points in September. Subbaraman referred to the current situation as a “twilight zone.” This implies that the likelihood of a rate cut is uncertain and falls somewhere in between the two suggested ranges. The decision will depend on various factors and economic indicators.