BlackRock Opposes Fed Rate Hike; Strategist Cites Cooling Inflation, Powell's Remarks Key
According to BlackRock Chief Investment & Portfolio Strategist Gargi Pal Chaudhuri on September 16, the U.S. Federal Reserve should hold rates steady at 3.50%-3.75% rather than raise them, despite market pricing showing 93% odds of a 25 basis point hike. Core CPI rose 0.3% month-over-month in
BLK0.54%
GateNews·09-16 13:10
