The Fed is anticipated to cut interest rates for the first time since 2020, though it’s not known by how much. The uncertainty around the Fed’s next move has causedreported“Markets have been on edge for the last month or two,” Rick Rieder, chief investment officer for fixed income at BlackRock, told the outlet. “You’ve seen bonds move rapidly from a sanguine view to recession.
Recent economic data has stock and bond markets disagreeing on whether or not economic data shows an overheating economy cooling down, or the opening pangs of a recession. Job growth has also slowed in recent months, helping increase the unemployment rate from recent lows of 3.4% to 4.2%.his intention to cut interest rates for the first time in over four years.
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