Rick Rieder, CIO of global fixed income at BlackRock, says the July US employment report most likely takes a Federal Reserve rate hike off the table. Speaking on "Bloomberg The Open," Rieder says a rate cut is still possible this year. (Source: Bloomberg)
Rick Rieder, CIO of global fixed income at BlackRock, says the July US employment report most likely takes a Federal Reserve rate hike off the table. Speaking on "Bloomberg The Open," Rieder says a rate cut is still possible this year. (Source: Bloomberg)
<iframe src="https://statesidedaily.com/embed/cluster/0560cb9afc0e5b9e1804f1002ebe56c12c97d8f6" width="100%" height="320" style="border:0;max-width:680px" loading="lazy" title="Fed Rate Hike Doesn't Make Sense Right Now, BlackRock's Rieder Says"></iframe>
