BlackRock's Rick Rieder Predicts Possible Rate Cuts

Reported 1 day ago

Rick Rieder, BlackRock's CIO of Global Fixed Income, expresses optimism about the US economy, buoyed by a strong service sector and moderating inflation. He cautions that increasing debt issuance may challenge long-term yields but remains enthusiastic about investment opportunities in sectors like AI and automation, viewing them as pivotal for the future.

Source: YAHOO

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