BRIEF-Blackrock’S Chief Investment Officer Of Global Fixed Income, Rick Rieder Says Market Rightly Assumed 3 To 4 Rate Hikes This Year [Reuters]
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Source: Reuters
BRIEF-Blackrock’S Chief Investment Officer Of Global Fixed Income, Rick Rieder Says Market Rightly Assumed 3 To 4 Rate Hikes This Year | Reuters Reuters Staff 1 Min Read March 21 (Reuters) - Blackrock Inc: * BLACKROCK’S CHIEF INVESTMENT OFFICER OF GLOBAL FIXED INCOME, RICK RIEDER SAYS MARKET RIGHTLY ASSUMED 3 TO 4 RATE HIKES THIS YEAR * BLACKROCK’S RICK RIEDER SAYS CONSENSUS NOW MOVED TO FOUR RATE HIKES THIS YEAR * BLACKROCK’S RIEDER - FED’S COMMUNICATION GAVE CONFIRMATION IT WOULD TAKE QUITE A LOT TO MOVE THE CENTRAL BANK FROM A THREE RATE HIKE PATH FOR 2018 * BLACKROCK’S RIEDER - LIKELY TO SEE SOMETHING CLOSER TO THREE HIKES IN 2019 AS WELL, AND MAYBE A COUPLE INCREMENTAL HIKES IN 2020 * BLACKROCK’S RIEDER - “THE NEW FED CHAIR AND COMMITTEE ARE PROPERLY REACTING TO A GROWING AND MODERATELY INFLATING ECONOMY” Further company coverage: All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays. © 2018 Reuters. All Rights Reserved.
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