BlackRock’s Wei Li says the cooling down of the US jobs market creates “enough macro justification for the Fed to go ahead with near-term rate cuts” without the central bank’s independence being brought into question. She also adds that markets could start to price back in some of the “previous independence erosion premia,” which can have a positive effect on equities and bonds. Li speaks on Bloomberg Television. (Source: Bloomberg)
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Markets Could Price Fed Independence Erosion Again: Li
