BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September

  • Posted on August 12, 2025
  • By CNBC
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BlackRock’s Rick Rieder says CPI gives Fed justification for a half-point cut in September

"We expect the Fed to begin cutting rates in September, and it could be justified cutting the Funds rate by 50 basis points," Rick Rieder said.
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