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BlackRock's Rick Rieder: July US employment report makes Fed rate hike 'not make sense right now', rate cut still possible this year
svmuu.com07/08/2026 10:01
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Rick Rieder, CIO of global fixed income at BlackRock, stated on Bloomberg that the July US employment report likely takes a Federal Reserve rate hike off the table. He added that a rate cut is still possible this year.
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