BlackRock Says Hard for Fed to Cut Rates Aggressively

BlackRock Vice Chairman Philipp Hildebrand says it's possible the US Federal Reserve will cut interest rates once or twice this year, but service inflation remains high and it will be difficult to reach the central bank’s 2% target. He speaks on "Bloomberg Markets: Asia."
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[@2023gainer]

Charging Up 129 % Monday.. FSRN... Fisker. The next major EV co increasing global deliveries and investors. Ocean Suv EVs nearing 12,000. Lucid and Xos Trucks still delivering the Future.

[@AlgoNudger]

Which means 'hard for Fed (elite) to see the world living in peace and happiness.' 🤭

[@SpruceWood-NEG]

1.1-1.2 billion people is the most reasonable number in China. Now it has actually exceeded 1.5 billion. The Chinese economy is undergoing transformation, with labor-intensive enterprises shifting to other countries. China needs to quickly break through the key technology of large aircraft. Seize the leading position in AI, high-end chemicals, chips above 14 nanometers, automotive/new energy vehicles, high-speed trains, shipbuilding, and high-end industries. It is prohibited to include meaningless income such as lawyer fees in GDP and lawyers are prohibited from entering politics.

[@19squidgy75]

His metrics are way off, I’d avoid getting any advice of him.