Full Employment to Be a Challenge for Years, BlackRock’s Rieder Says

Rick Rieder, CIO of global fixed income at BlackRock, says the US economy is “fine,” but “only operating on a couple of cylinders,” as he examines the state of the...

By Bloomberg Markets · Bloomberg Markets

Rick Rieder, CIO of global fixed income at BlackRock, says the US economy is “fine,” but “only operating on a couple of cylinders,” as he examines the state of the labor market with AI as a driver of a productivity revolution. (Source: Bloomberg)