{
  "id": 267405,
  "title": "Fed Rate Hike Doesn't Make Sense Right Now, BlackRock's Rieder Says",
  "url": "https://urgent.news/2026/08/07/fed-rate-hike-doesnt-make-sense-right-now-blackrocks-rieder-says",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-07T13:58:07.000Z",
  "source": {
    "name": "Bloomberg",
    "slug": "bloomberg",
    "url": "https://www.bloomberg.com/news/videos/2026-08-07/fed-rate-hike-doesn-t-make-sense-blackrock-s-rieder-video"
  },
  "original_language": "en",
  "account": null,
  "summary": "Rick Rieder, CIO of global fixed income at BlackRock, says the July US employment report most likely takes a Federal Reserve rate hike off the table. Speaking on \"Bloomberg The Open,\" Rieder says a rate cut is still possible this year. (Source: Bloomberg)",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}