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Jobs Report Shows Fed Should Cut 50 BPS, Rieder Says
Posted
September 5, 2025
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"It's time to move," Rick Rieder, chief investment officer of global fixed income at BlackRock, says about Federal Reserve monetary policy in the wake of the August jobs report. He speaks on "Bloomberg Open Interest." Nonfarm payrolls increased 22,000 in August and revisions showed employment shrank in June.
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