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Fed Is Behind the Curve, Says BlackRock’s Rick Rieder
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August 2, 2024
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2:47Now PlayingRick Rieder, global fixed income CIO at BlackRock, says, “this price for rates is not consistent where the economy is today, certainly not consistent where inflation is today,” as he examines the US July jobs report. Rieder says he would still own the belly of the yield curve and yielding assets and hold them into next year.
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