BlackRock's Rieder Says Fed Funds Rate Should Be at 3%

Rick Rieder, chief investment officer of global fixed income at BlackRock, says the Federal Reserve should move rates lower on “Bloomberg Open Interest.” (Source: Bloomberg)

By Bloomberg Markets · Bloomberg Markets

Rick Rieder, chief investment officer of global fixed income at BlackRock, says the Federal Reserve should move rates lower on “Bloomberg Open Interest.” (Source: Bloomberg)