BlackRock's Rick Rieder says a half-point rate cut by the Fed in September is possible

Rieder's comment came after data showed U.S. labor market suffered a sizable slowdown in the past few months.

BlackRock's Rick Rieder says a half-point rate cut by the Fed in September is possible
Rieder's comment came after data showed U.S. labor market suffered a sizable slowdown in the past few months.