BlackRock executive Rick Rieder ranked higher in the selection of Fed chairpersons and has publicly advocated a 50 basis point cut
Source: ChainCatcher
Time: 2025-09-15 08:49:14
According to ChainCatcher, according to market information, officials familiar with the matter said that BlackRock global fixed income head Rick Rieder's ranking among Fed chair candidates has continued to rise recently. US Treasury Secretary Scott Bessent held talks with Rieder in New York for about two hours last Friday to discuss issues such as monetary policy, the Fed's organizational structure and regulation; currently, 4 of the 11 public candidates have interviewed, and the list may be added 1-2 more, and the selection is still in progress. Rieder said in an earlier interview that based on his interpretation of economic indicators, the Fed “should cut interest rates by 50 basis points.”