BlackRock warns that a 50bp FOMC rate cut might signal worries, not confidence ...Middle East

BlackRock's Jeffrey Rosenberg spoke with Bloomberg TV (gated) in response to Friday's August jobs report. He made a cautionary note on the upcoming meeting. Rosenberg expressed concern should the Federal Reserve choose to cut the Fed Funds rate by 50bp:that might signal that the FOMC has worries over the state of the economya 25bp rate cut, on the other hand, would signal that policymakers are taking measured, timely actionsRosenberg's comments come amid fevered discussion about the next Federal Reserve's monetary policy move. The potential rate cut is being closely watched by investors and analysts, who are trying to gauge the central bank's assessment of the current economic landscape. A s

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BlackRock warns that a 50bp FOMC rate cut might signal worries, not confidence ...Middle East

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