BlackRock on FED Policy, Powell’s Future, and Market Risks Amid Trump’s Replacement Search
Amid falling U.S. Treasury yields and growing speculation over Jerome Powell’s future, BlackRock CIO Rick Rieder delivers a bold outlook on FED policy, calling for deeper rate cuts to support struggling households and smaller businesses. He warns that while short-term inflation may rise from tariffs, long-term trends in technology and productivity will reshape the economy. …
