Fed Chair Powell may lean hawkish on inflation, but stocks have ‘tremendous’ technical backdrop, says BlackRock’s Rick Rieder
July 26, 2023 at 09:00 AM EDT
Most of Federal Reserve Chair Jerome Powell’s messaging to markets on Wednesday may lean toward hawkish monetary policy, but that might not keep a lid on stock prices for very long after any potential pullback, according to BlackRock’s Rick Rieder.
