BLACKROCK HARNESSES FOR TRUMP
Today, Bloomberg published a fresh interview with BlackRock CIO Rick Rider, in which he urged Jeremy and the company to lower rates at the upcoming meeting.
This confirms that the actions of the Fed are contrary not only to global trends towards cheap money but also to the plans of the figures who govern these trends.
📍Most authoritative analysts and insiders write that lowering rates is a matter for the end of 2025, while the Fed's target rate is 3.75-4.00%, while Trump calls for the lowest rates in the world and announces a cash injection, like during the COVID era.