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BlackRock Chief Investment Officer: The Fed should cut interest rates by 50 basis points in September

BlackRock Chief Investment Officer: The Fed should cut interest rates by 50 basis points in September

Bitget2024/08/22 15:26

BlackRock Chief Investment Officer Rick Rieder said the Fed needs to cut interest rates at its September meeting to re-stimulate economic growth and reduce consumer debt pressure, and said the Fed should cut interest rates by 50 basis points in September.

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