News

Potential Fed chair pick makes boldest call yet on S&P 500 rally

BlackRock’s $2.4 trillion money manager, Rick Rieder, made one of the boldest macro calls of the year. He feels we’re in the ...

BlackRock's Rieder sees a case for a half-point Fed rate cut after July CPI data

July's consumer-price index "provides as good an indicator of inflation-realization as any" and is helping to set ...
The Daily Hodl1d

BlackRock CIO Says Current Investing Environment Is Good – But There’s One Thing in the Market He’s ‘Most Worried’ About

BlackRock executive Rick Rieder reportedly believes market conditions are presenting the "best investment environment ever." ...

Bessent Urges Fed to Lower Rates by 150 Basis Points or More

I think we could go into a series of rate cuts here, starting with a 50 basis-point rate cut in September,” Bessent said in a ...
Cryptopolitan on MSN2d

US Treasury shortlists 11 contenders for Fed chair interviews

Donald Trump, from inside the White House, said Wednesday that he's already trimmed his Fed chair shortlist down to “three or ...
The Daily Hodl13d

Fed Could Slash Rates by 50 Basis Points in September After Weak Jobs Report, Says BlackRock Executive: Report

BlackRock executive Rick Rieder reportedly thinks the U.S. Federal Reserve could slash rates by 50 basis points in September.
Coingape10d

September Fed Rate Cut Odds Soar to 94.4% Following Soft U.S. Jobs Data

The Fed is expected to cut interest rates by 25 basis points in September, with a 94.4% probability, according to CME's ...

Hiring ‘fatigue’ points to Fed rate cut in September. ‘The only question is how large,’ says BlackRock’s Rick Rieder.

The U.S. economy has been showing clear signs of “hiring fatigue,” including in the July jobs report released on Friday, raising the question of how big a September interest-rate cut by the Federal ...