REUTERS SUMMIT-September funding crunch a ‘seminal moment’ for Fed -BlackRock’s Rieder
September’s sharp squeeze in money markets
was scary but also proved to be instrumental in pulling the U.S.
Federal Reserve off the sidelines, a moment that will prove
pivotal for assets well beyond short-term funding markets, the
head of fixed income for the world’s largest fund manager said
on Thursday.
was scary but also proved to be instrumental in pulling the U.S.
Federal Reserve off the sidelines, a moment that will prove
pivotal for assets well beyond short-term funding markets, the
head of fixed income for the world’s largest fund manager said
on Thursday.
Posted by Reuters
