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Pace of Fed Rate Cuts Has to Slow: BlackRock’s Rosenberg

Markets

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December 6, 2024

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Bloomberg

“Monetary policy is not as restrictive as they think it is,” Jeffrey Rosenberg, systemic multi-strategy fund portfolio manager at BlackRock, says on “Bloomberg Surveillance.” The US job market showed a solid advance in November, with 227,000 nonfarm payrolls added, helping to alleviate concerns of a labor demand slowdown.

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