BlockBeats News, May 22, Nomura Securities expects that due to rising inflation and the weakening support for further easing from Federal Reserve officials, reducing the possibility of a near-term rate cut, the Fed will keep interest rates unchanged in 2026.

In a report on May 21, Nomura stated, "Incoming Federal Reserve Chair Kevin Wash may still have the motivation to ease policy, but recent data and comments from Fed officials have cast doubt on his ability to convince a majority of the FOMC to support a rate cut."

The institution had previously expected the Fed to cut rates by 25 basis points in September and December this year. (FXStreet)