Core CPI, which excludes food and energy prices, rose 0.28% in October and 3.33% year over year, said Rieder, chief investment officer of global fixed income and head of the BlackRock global ... of ...
Larry Fink, the CEO of BlackRock Inc., has projected that the ... rates as low as people are forecasting,” Fink added. The Fed reduced its benchmark rate by 50 basis points in September ...
Fink's comments come ahead of a big week of economic data and next week's Fed meeting. The Federal Reserve will disappoint markets by cutting interest rates just one more time in 2024, BlackRock ...