BlackRock CIO Predicts BPS Cut
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BPS rate cutCoinGape
•BlackRock CIO Predicts 25 BPS Fed Rate Cut After US Job Data
73% Informative
BlackRock CIO Rick Rieder said a 25 -basis-point rate cut is imminent.
This forecast contradicts many other analysts who sees a 50 BPS cut.
Bitcoin and risk assets may move if this rate cut was implemented.
A further drop in interest rate could send high risk assets like Bitcoin to a new All-Time High.
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