Publication date:
January 10, 2024
Financial Experts Anticipate Ongoing Inflation Challenge
BlackRock advises caution about the Federal Reserve's rate cut expectations due to persistent inflation, potentially influenced by the energy sector.
Monetary Policy
Amid fluctuating inflation rates, BlackRock, the world's largest asset manager, cautions investors not to anticipate significant Federal Reserve rate cuts. A BlackRock executive underlines that the 'rollercoaster' nature of inflation poses risks, which could be exacerbated by volatility in the energy sector, influencing the Fed's monetary policy decisions.