BlackRock sees Fed cutting U.S. rates by 25-50 bps 'over the next few months'
June 07, 2019 at 16:05 PM EDT
The Federal Reserve may reduce key U.S. interest rates by between 25 and 50 basis points in the coming months due to global trade conflicts and signs of a cooling jobs market, BlackRock's top bond manager Rick Rieder said on Friday.