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Showing posts with the label interest rate outlook

BlackRock Predicts Federal Reserve Won't Lower Interest Rates

$11.5 trillion asset manager BlackRock predicts the US Federal Reserve will not lower interest rates tomorrow, July 30th. In a weekly report, Blackrock says: “We expect the Fed will hold rates steady this week. We watch for U.S. trade deals as the Aug. 1 deadline approaches and for tariff impacts in Q2 GDP data. JUST IN: BlackRock predicts the Federal Reserve will not lower interest rates tomorrow. pic.twitter.com/3rYjf0VWoU — Watcher.Guru (@WatcherGuru) July 29, 2025 The upcoming Fed meeting and interest rate decision is a big one, as the central bank has been under fire for months for its approach to fighting inflation. The Fed has opted to remain committed to a wait-and-see approach on changing interest rates, garnering heat from the current presidential administration. US President Donald Trump has been publicly bashing Fed Chair Jerome Powell for the Fed’s stalling of cutting rates, even going as far as suggesting Powell should step down. Currently, interest rates...