Summary
- BlackRock Chief Investment Officer Rick Rieder said the Fed would move to cut interest rates.
- He said the outlook reflects recent expectations of easing inflation and economic conditions.
- He added that the remarks are interpreted as signaling the possibility of a shift in monetary policy.
Forecast Trend Report by Period
A forecast has emerged that the US Federal Reserve (Fed) will move to cut interest rates going forward.
According to Walter Bloomberg on the 30th (local time), BlackRock Chief Investment Officer (CIO) Rick Rieder said, "The Fed is expected to cut interest rates."
The remarks are interpreted as signaling the possibility of a shift in monetary policy, reflecting recent expectations of easing inflation and economic conditions.
JH Kim
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