: BlackRock says the market is wrong on the Fed. Here are the bonds it’s recommending now.

by | Mar 29, 2023 | Stock Market

The Federal Reserve is going to stop throwing punches, but it’s not about to cut interest rates even as signs of fragility in the financial sector emerge, says leading fund manager BlackRock. In a note from the BlackRock Investment Institute, the fund manager says the Fed, and other central banks, have made clear that banking troubles wouldn’t stop them from hiking interest rates. The…

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