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Fed Will Wait on Cuts in Wake of Jobs Report: BlackRock's Rieder
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May 2, 2025
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2:45Now Playing"This is as good of a trading environment as I've seen in a long time," Rick Rieder, BlackRock's CIO of global fixed income, says on "Bloomberg Open Interest." Nonfarm payrolls increased 177,000 last month after the prior two months’ advances were revised lower, according to Bureau of Labor Statistics data. The unemployment rate was unchanged at 4.2%.
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