Expect 'uncertainty and volatility' in the stock market for weeks until the Fed clarifies its rate stance, says BlackRock bond chief Rieder

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

BlackRock's Rick Rieder said positive economic data is accelerating investors' anticipation of a Fed policy change and raising uncertainty in markets.

on Thursday after Fed Chair Jerome Powell refrained from outlining specific steps to rein in what he described as"disorderly" markets.

Rieder added that when a move toward reduced policy accommodation does take place, volatility in risk-free and risky assets may continue as markets adjust to those changes.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Am so delighted to share this, investing on Bitcoin has been so wonderful with the help of Mr Rene who have been doing all the trading. I invested 5000$ and in two weeks I have earned 20,000$. Trust me this is the best investment platform, contact the Admin 👇👇👇 abrantesrene

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in CA

Canada Canada Latest News, Canada Canada Headlines