The Fed's been aggressively hiking rates over the past year. The banking crisis could force them to halt the hikes — or even cut them, analysts say.

• Nomura economists expect the Fed to cut interest rates by 0.25 percentage points next week.
• They think the Fed could pivot from its aggressive rate hikes due to "looming financial stability risks."
• The US banking sector continues to be rattled by the collapse of two banks over the last few days.

Some high-profile experts are starting to expect the US Federal Reserve could not only halt its aggressive rate hikes amid the banking crisis — but also cut rates altogether. 

Economists at Nomura expect the Fed to reverse its aggressive tightening policy and cut the benchmark interest rate by 25 basis points at its meeting next week amid the US banking crisis, according to a Monday note seen by Insider.