Fed is ‘so far from equilibrium’ as markets await rate guidance, BlackRock’s Rick Rieder says

Investors have been re-evaluating when the Federal Reserve may start lowering interest rates, as the “last mile” of bringing down inflation is proving difficult, according to BlackRock’s Rick Rieder.

Fed is ‘so far from equilibrium’ as markets await rate guidance, BlackRock’s Rick Rieder says
Investors have been re-evaluating when the Federal Reserve may start lowering interest rates, as the “last mile” of bringing down inflation is proving difficult, according to BlackRock’s Rick Rieder.