BlackRock: Fed might not need to hike rates in May as US economy slows – by anilpanchal7 Fed RiskAversion InterestRate Recession NewsTrading
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Fed might not need to hike rates in May as economy slows, says BlackRockThe Federal Reserve may not need to raise interest rates further to fight inflation, as the fallout from last month's turmoil in the banking sector and a series of recent labor data point to a slowing U.S. economy, a BlackRock executive said on Monday.
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