BlackRock's CIO Rick Rieder urges the Fed to cut rates by 50 basis points (0.5%) at the September 17, 2025 meeting.
This aggressive move would lower the federal funds rate to ~4.75-5.00% amid cooling inflation at 2.7%.
Weak jobs data (only 22K added in August) signals economic slowdown, risking a "no-cut recession."
High rates are burdening consumers with debt and hurting housing via elevated mortgage costs.
Rieder's call exceeds market expectations of a milder 25 bps cut, potentially boosting stocks and crypto.
BlackRock, managing $10T+ in assets, influences markets; this could pressure Fed Chair Powell.
Prediction markets now show ~20-30% odds for 50 bps, up from prior levels.
Watch Friday's CPI report for clues on the Fed's data-dependent decision.#AltcoinMarketRecovery
This aggressive move would lower the federal funds rate to ~4.75-5.00% amid cooling inflation at 2.7%.
Weak jobs data (only 22K added in August) signals economic slowdown, risking a "no-cut recession."
High rates are burdening consumers with debt and hurting housing via elevated mortgage costs.
Rieder's call exceeds market expectations of a milder 25 bps cut, potentially boosting stocks and crypto.
BlackRock, managing $10T+ in assets, influences markets; this could pressure Fed Chair Powell.
Prediction markets now show ~20-30% odds for 50 bps, up from prior levels.
Watch Friday's CPI report for clues on the Fed's data-dependent decision.#AltcoinMarketRecovery