美联储基准利率目前在4.50%-4.75%区间，今年迄今已经下调了75个基点。与此同时，包括高盛和摩根大通在内的其他投行仍预计，美联储下个月将降息25个基点。On November 19, the central parity rate of the renminbi against the US dollar was reported at 7.1911 yuan, a decrease of 4 points.
Nomura expects the Fed to pause rate cuts in December and only cut rates twice next year.
Nomura analyst recently stated that the Federal Reserve is expected to pause interest rate cuts at the December policy meeting, making it the first global brokerage to imply that the Federal Reserve will pause rate cuts after Trump wins the election. Nomura currently expects that by next year, the Federal Reserve will only cut rates twice more at the meetings in March and June, by 25 basis points each time. The brokerage maintains its forecast for the Federal Funds Rate before next year at 4.125%.
The Federal Reserve's benchmark interest rate is currently in the 4.50%-4.75% range and has been lowered by 75 basis points so far this year. Meanwhile, other investment banks, including Goldman Sachs and JPMorgan, still expect the Federal Reserve to cut rates by 25 basis points next month.
