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

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…#federalreserve #rieder #blackrock #lizclaman #foxbusinessnetworks #treasurys #nirvana
Source: Reuters: Health - Category: Consumer Health News Source Type: news
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