Odaily Planet Daily News: Nomura Securities has postponed its expectations for the Federal Reserve to cut interest rates to September and December, citing new inflation risks triggered by the Middle East conflict. Nomura Securities' chief U.S. economist Jeremy Schwartz also pointed out that the delayed confirmation process for Federal Reserve Chair nominee Kevin Walsh is another reason he revised the interest rate cut timeline from the previously predicted June and September. Although price pressures are seen as temporary, the Federal Reserve may remain cautious in the short term. Nevertheless, decision-makers still maintain a preference for easing, and Nomura Securities expects the new Federal Reserve Chair to prioritize significant policy easing. He stated, "Federal Open Market Committee officials maintain a preference for easing and show an asymmetric response to any signs of weakening in the labor market." (金十)