Rick Rieder, BlackRock CIO of global fixed income, reacts to the May employment report and discusses what it could mean for Federal Reserve monetary policy on “Bloomberg Open Interest.” Nonfarm payrolls increased 139,000 last month after a combined 95,000 in downward revisions to the prior two months, according to Bureau of Labor Statistics data.
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Fed Will ‘Sit on Hands’ After May Jobs Report: Rieder
