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BlackRock's Rieder expects slow, steady Fed 25bp rate hikes, still work to do on inflation

BlackRock's Rieder expects slow, steady Fed 25bp rate hikes, still work to do on inflation

FOMC responses continue. This from Rick Rieder, a BlackRock Managing Director. Rieder is BlackRock's Chief Investment Officer of Global Fixed Income, Head of the Fundamental Fixed Income business, and Head of the Global Allocation Investment Team.

In brief:

  • Today’s policy statement from the FOMC, and Chair Powell’s press conference, were signals to economic observers and to market participants that the job of inflation-fighting isn’t accomplished yet, but the trend is moving... Read More
Posted: Feb 2 2023, 02:22
Author Name: forexlive
Views: 110554

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