BlackRock CIO Predicts 25 BPS Fed Rate Cut After US Job Data

Following the release of US job data, BlackRock CIO Rick Rieder has predicted that the Federal Reserve will cut interest rate further by 25-basis-point. Per his projection, this will come when the Federal Open Market Committee (FOMC) meets in November. US Job Data Drops From August Level The September jobs report came in stronger than The post BlackRock CIO Predicts 25 BPS Fed Rate Cut After US Job Data appeared first on CoinGape .

Source: CoinGape