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BlackRock's Rieder says the Fed may pause ‘for an extended period of time’ after rate hike
CNBC with the report (gated) on an interview with BlackRock’s chief investment officer of global fixed income Rick Rieder.In brief:“My sense is that this will be the last hike and the Fed will let this rate policy marinate through the system to create a slowdown,” Current uncertainty in the banking sector will continue to play a role in dampening the U.S. economy such that the Fed may be able to stop raising rates sooner than it otherwise would havewhile inflation is still a problem, it’s been c...
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Posted: May 2 2023, 22:11
Author Name: forexlive
Views: 111025