Nomura Sees Bigger Fed Rate Hikes in September, November
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Nomura Holdings Inc. analysts boosted their forecasts for interest-rate hikes by the Federal Reserve through the year-end.
The Fed is seen to raise the benchmark rate by 75 basis points this month and a half-point at the November meeting, according to a report released Friday by economists led by Aichi Amemiya. That’s an increase of 25 basis points for each of their previous forecasts for those decisions.