BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September

"We expect the Fed to begin cutting rates in September, and it could be justified cutting the Funds rate by 50 basis points," Rick Rieder said.

BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September
"We expect the Fed to begin cutting rates in September, and it could be justified cutting the Funds rate by 50 basis points," Rick Rieder said.