BlackRock: Fed rate hike cycle to last longer, rates expected to approach 5%

07/20 19:01

According to Bloomberg, Joseph Zidle, chief investment strategist at BlackRock's Private Wealth Solutions, said in an interview, "My own view is that the federal funds rate is likely to hit 4.5 percent, or even closer to 5 percent." Zidle said a number of indicators, such as housing and wages, as well as the general capacity constraints of the US economy, suggest that inflation is heating up, which will require a "larger and more sustained" response from the Fed. BlackRock expects the Fed to announce a 75 basis point rate hike at its July meeting.
bullishbullishbullish4bearishbearishbearish看跌点赞分享
免责声明以上内容不代表火币任何立场不做为任何交易相关决策建议

相关阅读

  • Image

    Bit Digital Saw Ethereum’s Strategic Value Before Institutions Caught On

  • Image

    Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

  • Image

    Major Bitcoin Players Drop Over A Billion In Sell-Offs While Euphoria Rocks Retail

全部评论0最新最热

avatar
最新最热

相关阅读

  • Image

    Bit Digital Saw Ethereum’s Strategic Value Before Institutions Caught On

  • Image

    Bitcoin Correction Pushes 580,000 BTC Into Loss Territory

  • Image

    Major Bitcoin Players Drop Over A Billion In Sell-Offs While Euphoria Rocks Retail