Nomura adds October rate cut to Fed forecast after key policy meeting

Sept 18 (Reuters) - Nomura now expects the Federal Reserve to deliver 25-basis-point cuts at each of its remaining meetings this year, following the U.S. central bank's anticipated quarter-point reduction and hints at continued easing.

The Japanese brokerage had previously forecast a pause in October and a cut in December.

"Despite the dovish revision to the expected rate path, economic projections were surprisingly hawkish. This suggests a low threshold for delivering additional insurance cuts in the near term, and less vigilance on inflation risks," analysts at Nomura said in a note on Wednesday.