I posted yesterday on the view from BlackRock on the 2024 Federal Open Market Committee (FOMC):BlackRock's CIO Rieder says the Fed Funds rate is too restrictive today, sees mid-24 cutRieder's call in that interview was backed up by the firm's global chief investment strategist speaking on Tuesday, US time:don't expect the Fed to aggressively cut rates in 2024“Market pricing for how early the first cut is, as well as how many cuts there will be next year, is a bit overdone in our view,” referred to indicators of market expectations of a rate cut in March and five rate cuts in 2024 ... “That is really aggressive. Something would have to go seriously wrong for that to come through,”BlackRock
Hence then, the article about blackrock global chief investment strategist says that rate cut expectations are frothy was published today ( ) and is available onforex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( BlackRock global chief investment strategist says that rate cut expectations are frothy )