BlackRock: The market may be overinterpreting the remarks of the Federal Reserve Chair
Jean Boivin, head of the BlackRock Investment Institute, pointed out that the market may be overinterpreting the remarks made by Federal Reserve Chairman Waller at the post-meeting press conference. Boivin stated that the Federal Reserve is establishing the credibility of the new chairman through interest rate hikes and emphasized the strong performance of the U.S. economy.
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