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🚀 BLACKROCK CALLS FOR THE FED TO CUT INTEREST RATES NOW – GOING AGAINST WALL STREET
🟢 Rick Rieder – Chief Investment Officer at BlackRock – just stated: "The FED should cut interest rates immediately," without hesitation.
🟢 He believes that high interest rates are burdening low-income earners, especially in the housing sector. If interest rates are lowered, housing prices will be cheaper, stimulating construction and reducing inflation in a sustainable way.
🟢 Meanwhile, Rieder reveals that BlackRock is betting heavily on AI, crypto, and stablecoins as long-term growth drivers.
🟢 "Crypto is being globalized faster than ever before," he said. He owns personal crypto, supports stablecoins, and believes that the future financial system will integrate tokenization, AI, and technological growth.
➡️ Should the Fed heed BlackRock? Or keep interest rates like the rest of Wall Street?
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