Business
BlackRock’s Rieder Says Fed Needs to Cut Rates to Get to More Restrictive Level
Rick Rieder, BlackRock CIO of global fixed income, says the Federal Reserve needs to cut interest rates by 100 basis points to get to a more restrictive level. Allianz Chief Economic Adviser and Bloomberg Opinion columnist Mohamed El-Erian expects rate cuts to begin in the second half of next year. They speak on “Bloomberg The Open.”
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@kimchimonkey
December 20, 2023 at 1:16 pm
Video description is incorrect. He doesn't say "cut interest rates by 100 basis poionts to get to a more restrictive level" He saids "somewhat" restrictive level. Can be interpreted as saying that lower rates will make things "more" restrictive.
@chrischoir3594
December 20, 2023 at 1:16 pm
service inflation is like 30% just look at your phone bill and subscriptions
@chrischoir3594
December 20, 2023 at 1:16 pm
Rick is a shill
@katherinehartmann90
December 20, 2023 at 1:16 pm
I think Blackrock should be dismantle. Too big. Too much control. The markets are rigged for the top 2%. Don't believe a word. Become self sufficient
@jaym9846
December 20, 2023 at 1:16 pm
Bonds, stocks, gold, silver, and Bitcoin up. Amazing rally just getting started.
@danielcadnum7214
December 20, 2023 at 1:16 pm
The employment rate the US government has put out is not the true number. What about the millions of recent immigrants in the US not working getting government assistance? 😮
@darkcrypto2715
December 20, 2023 at 1:16 pm
WTH is the host is saying. No clear communication.
@nitrosrt4
December 20, 2023 at 1:16 pm
this guy hittin that hopium pipe a lil to hard, hahaha.
@2023gainer
December 20, 2023 at 1:16 pm
AI sector stocks surging in 2023 through all economic global challenges. * SOUN.. SoundHound. Voice AI tech co with 20 % rise month. Just announced acquisition that can add 100,000 new restaurant locations. * AI C3ai.. recent 3rd qt earnings call. Investing in 2023 for Larger 2024 Gains. ?
@LivingWithGout
December 20, 2023 at 1:16 pm
We no longer have functional markets. Everything is just too dependent on the Federal Reserve
@zedzed5276
December 20, 2023 at 1:16 pm
cut rates. make 3% inflation the new normal. inflate away our debt and reduce the interest the government has to pay on the national debt.
@georgeorwell-il2wz
December 20, 2023 at 1:16 pm
Blackrock is panicking.
@BranVan10k
December 20, 2023 at 1:16 pm
hey listen
@bonniejosavland3227
December 20, 2023 at 1:16 pm
They need to go after the companies that are price gouging!
@R0M8N
December 20, 2023 at 1:16 pm
Dont cut rates please