BlackRock's Rieder on Jobs Report, Fed Rates and Bonds
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Rick Rieder, CIO of global fixed income at BlackRock, reacts to the July US employment report, calling it "unremarkable," and says the economy is going through a "productivity revolution." Speaking on "Bloomberg Open Interest," Rieder also discusses the outlook for Federal Reserve monetary policy and how the company is currently investing in the fixed income market. -------- More on Bloomberg Television and Markets Like this video? Subscribe and turn on notifications so you don't miss any videos from Bloomberg Markets & Finance: https://tinyurl.com/ysu5b8a9 Visit http://www.bloomberg.com for business news & analysis, up-to-the-minute market data, features, profiles and more. Connect with Bloomberg Television on: X: https://twitter.com/BloombergTV Facebook: https://www.facebook.com/BloombergTelevision Instagram: https://www.instagram.com/bloombergtv/ Connect with Bloomberg Business on: X: https://twitter.com/business Facebook: https://www.facebook.com/bloombergbusine
Tags: BlackRock Inc., Business, Dani Burger, Employment, Fed, Federal Reserve, Interest Rates, Job Cuts, Jobs, Lisa Abramowicz, Markets, Michael McKee, Payrolls, Rate Cut, Rate Cuts, Rate Hike, Rick Rieder, U.S. Economy, U.S. Nonfarm Productivity, U.S. jobs report
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