Asset Managers · Investing

BlackRock defies market with interest rate forecast for 2024

BlackRock's headquarters in New York.
BlackRock, during the presentation of its 2024 Global Outlook at its New York headquarters, indicated that the Federal Reserve is unlikely to cut interest rates until the second half of next year, a scenario the market currently sees as highly improbable. This divergence in expectations set the stage for the event, titled “Context is Everything”, where the asset manager shared its strategic insights.
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