[Nomura: The Fed's Latest Projections May Reflect Inflation Slowing in the Coming Quarters] Jin10 News, December 10 – Nomura Asset Management's baseline scenario before mid-November was that the Federal Reserve would not make any rate adjustments in December. However, Chief Investment Officer Matthew Parry stated in a memo that the latest data points to signs of slowing inflation growth and a weakening labor market, making another rate cut possible. He said the new economic projections should reflect a moderation in inflation over the coming quarters, paving the way for another rate cut. Parry noted: 'Although our view on the Fed's near-term decisions has changed, it is clear that the current committee is more divided on how to handle the monetary policy path than it has been in a very long time.'