BlockBeats news, on August 22, BlackRock’s Chief Investment Officer Rick Rieder stated that the Federal Reserve needs to lower interest rates at the September meeting to re-stimulate the economy, alleviate consumer debt pressure, and suggested a 50 basis point rate cut in September.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
BlackRock's Chief Investment Officer: The Fed should cut interest rates by 50 basis points in September
BlockBeats news, on August 22, BlackRock’s Chief Investment Officer Rick Rieder stated that the Federal Reserve needs to lower interest rates at the September meeting to re-stimulate the economy, alleviate consumer debt pressure, and suggested a 50 basis point rate cut in September.