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BlackRock's Rieder: Fed Rate Hike Unlikely After July Jobs Data

Key takeaways

  • Rick Rieder from BlackRock suggests that the July employment report diminishes the likelihood of a Federal Reserve rate hike, with a cut still possible this
#Federal Reserve#Interest Rates#BlackRock

Analysis

Rick Rieder from BlackRock suggests that the July employment report diminishes the likelihood of a Federal Reserve rate hike, with a cut still possible this

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