Rick Rieder

Prediction markets are signaling a potential break with Federal Reserve tradition as BlackRock Inc. (NYSE:BLK) executive Rick Rieder jumps to the front of the race to become President Donald Trump's nominee for Fed chair. Polymarket Odds Point To New Front-Runner Bets on prediction site Polymarket...

Donald Trump is reportedly ready to announce the next Federal Reserve Chair as early as next week. Ahead of the announcement, the betting market is buzzing. During an interview with CNBC, Treasury Secretary Scott Bessent on Tuesday said that Trump may reach a decision "maybe as soon as next week."...

AI-focused ETFs are holding firm despite market chatter of an “AI bubble” gaining steam. Allaying fears among investors, BlackRock’s Global Fixed Income CIO Rick Rieder assured that he does not see signs of overheating in the public markets and that mega-cap tech leaders at the...

Rick Rieder, Chief Investment Officer of Global Fixed Income at BlackRock, said Tuesday that an “ideal” investment portfolio should have exposure to hard assets such as gold and Bitcoin (CRYPTO: BTC). Bitcoin A Hedge Against Fiat Depreciation? During an interview with CNBC, Rieder said...

Despite ongoing market fluctuations, Rick Rieder, the global CIO of fixed income at BlackRock, has expressed confidence in the continued rise of stock markets, even in the face of high valuations. His insights were shared during a Yahoo Finance conference, where he highlighted the absence of...

The economist who introduced the inverted yield curve as a recession predictor has forecasted a slowdown for the U.S. economy in 2024. What Happened: Campbell Harvey, a Canadian economist and researcher at Duke University, has indicated that the U.S. economy is likely to experience a downturn this...

Stocks could witness a surge of up to 12% this year, with no imminent recession on the horizon, as per Rick Rieder, the Chief Investment Officer of global fixed income at BlackRock Inc (NYSE:BLK), the world’s largest asset manager. His optimistic forecast was delivered on “The...

Rick Rieder, chief investment officer for global fixed income at BlackRock Inc (NYSE: BLK), reportedly said Thursday’s wild fluctuations ranked among the “craziest days of my career,” during an interview with MarketWatch’s Christine Idzelis....

The Labor Department’s non-farm payrolls report for September released Friday showed that the economy added 263,000 jobs during the month, more than the expected 250,000 additions. The jobless rate, based on the household survey, ticked down from 3.7% to 3.5%. After starting the week on a...

BlackRock Inc (NYSE: BLK) Chief Investment Officer Rick Rieder says the firm believes the Fed will raise rates by another 75-basis points in its September Federal Open Market Committee (FOMC) meeting: here’s why. The Data: The Labor Department issued its July consumer price...

BlackRock’s Rick Rieder owns some Bitcoin (CRYPTO: BTC) and believes its value could go up significantly in the future. What Happened: In an interview with CNBC’s "Squawk Box," the BlackRock Inc (NYSE: BK) chief investment officer explained the value of holding Bitcoin as...