Rieder: Fed Should Cut Rates to Tame Inflation

Published 2024-05-17
Rick Rieder, BlackRock Global Chief Investment Officer of Fixed Income and Head of the Global Allocation Team says he's not fully convinced that raising interest rates will temper inflation and suggests cutting rates instead.
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All Comments (21)
  • @okboomer6201
    The Feds should increase rates to cut inflation
  • @tatianastarcic
    Inflation hits people a lot harder than a crashing stock or housing market as it directly affects people's cost of living that people immediately feel the impact of. It's not surprising negative market sentiment is so high now. We really need help to survive in this Economy.
  • @user-rl4wk1ku4t
    Nothing scarier than mediocre people responsible for making big decisions.
  • @JxLx2022
    Oh lord.. dropping rates is going to push housing prices higher.... isn't blackrock the company that tried to push ESG.. ay caramba.. get this dude out of there.....
  • @xxyyzz8464
    Forget the Phillips Curve. The Rieder Curve!! Inflation = C * FederalFundsRate with C a constant. lulz😅
  • @Ken_N
    would be nice to have adjusted rates on what you borrow the money for.
  • Abt 2 years ago, this guy said that unemployment would increase rapidly because the rate hikes. That hasn't happened yet
  • @jayharrison3661
    we need to blame fast food workers for this inflation! We can not blame corporations or the wealthy
  • @user-xr6zm8cx6r
    This man said in jan 2024 that don't expect market decline until 6 months and he was correct..we don't have any correction yet.
  • @DD-bh3gh
    Isn’t BlackRock losing money at real estate?😂😂😂😂😂
  • @johrabibi7234
    Revux growth is a testament to its unwavering principles.
  • @nerenahd
    Ergogan, is that you again? Oh, man.