BlackRock’s Rick Rieder on Jobs Report, Fed Rate Cuts, Yields
Rick Rieder, global fixed income CIO at BlackRock, says “hiring is stable, but I would say, broadly unimpressive,” as he examines the June US jobs
Rick Rieder, global fixed income CIO at BlackRock, says “hiring is stable, but I would say, broadly unimpressive,” as he examines the June US jobs report. He also discuses a timeframe for an interest rate hike from the Federal Reserve, the lack of forward guidance from the Fed, and where he sees yield opportunities.
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