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BlackRock’s Rick Rieder says the Fed will cut interest rates in 2024

Por: Fox Business Business September 22, 2023

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BlackRock Global Fixed Income CIO Rick Rieder discusses whether the Fed is close to ending the current rate hike cycle on ‘The Claman Countdown.’ said Thursday he believes the Federal Reserve is nearing the end of its current cycle of interest rate hikes aimed at tamping down inflation and may look to cut rates next year. Rieder, BlackRock’s chief investment officer for global fixed income responsible for the management of roughly $2.4... + full article



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