🚀 BLACKROCK CALLS ON FED TO CUT INTEREST RATES IMMEDIATELY – GOING AGAINST WALL STREET
🟢 Rick Rieder – Chief Investment Officer at BlackRock – has just stated: “The FED should cut interest rates immediately,” without hesitation.
🟢 He believes that high interest rates are burdening low-income individuals, especially in the housing sector. If interest rates are lowered, housing prices will become cheaper, stimulate construction, and reduce inflation in a sustainable way.
🟢 At the same time, Rieder revealed that BlackRock is heavily betting on AI, crypto, and stablecoins as long-term growth drivers.
🟢 “Crypto is being globalized at an unprecedented pace,” he said. He personally owns crypto, supports stablecoins, and believes that the future financial system will integrate tokenization, AI, and technological growth.
➡️ Should the Fed listen to BlackRock? Or maintain interest rates like the rest of Wall Street?