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Friday, July 31, 2020

Fed isn't changing rates for a long time: Rick Rieder


Fed isn't changing rates for a long time: Rick Rieder



BlackRock global fixed income CIO Rick Rieder says the Federal Reserve isn't going to touch the interest rates for a very long time and believes they're going to grow the size of their balance sheet. He later discusses the possible economic recovery in the second half of the year, how the American markets are reacting to coronavirus and big tech stocks.

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Petrol and diesel prices hit highest since 2022

The cost of filling up a vehicle has rebounded, according to the RAC, as oil prices remain elevated. from BBC News https://ift.tt/rlLS8DK