BlackRock’s Rieder Renews Call for Fed Cut Amid Iran War Shock

BlackRock Inc.’s Rick Rieder reiterated his view that the Federal Reserve should cut interest rates, shrugging off speculation of hikes tied to the war with Iran.

By Joe Lovinger, Julie Fine · Bloomberg

BlackRock Inc.’s Rick Rieder reiterated his view that the Federal Reserve should cut interest rates, shrugging off speculation of hikes tied to the war with Iran.