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BlackRock CIO Predicts 25 BPS Fed Rate Cut After US Job Data

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Summary
Nutrition label

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.

VR Score

65

Informative language

58

Neutral language

52

Article tone

formal

Language

English

Language complexity

41

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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