BlackRock’s Rick Rieder said the July US employment report likely removes the case for a Fed rate hike, though a rate cut remains possible later this year. The view implies lower near-term rate-hike odds and a modestly more dovish path for policy expectations.
BlackRock’s Rick Rieder said the July US employment report likely removes the case for a Fed rate hike, though a rate cut remains possible later this year. The view implies lower near-term rate-hike odds and a modestly more dovish path for policy expectations.
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mildly positive
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