BlackRock's Rosenberg Sees Risk Assets Resilient Amid Fed Rate Hike
Jeffrey Rosenberg from BlackRock stated that risk assets are resilient against a 25 basis-point increase in Federal Reserve interest rates. This reflects the company’s outlook on the financial markets' ability to handle changes in global monetary policies.
In the recent 'Bloomberg Surveillance' program, Jeffrey Rosenberg, portfolio manager of the systematic multi-strategy fund at BlackRock, expressed his conviction that risk assets can withstand a 25 basis-point increase in Federal Reserve interest rates. According to Rosenberg, this modest hike would not pose significant challenges for these financial instruments. This statement comes amidst heightened expectations of tighter monetary policy by the Federal Reserve, influencing investor decisions and international market movements. The declaration underscores BlackRock's view on market behavior in the upcoming period, suggesting a certain level of stability even amid global monetary policy uncertainties.
Source: Bloomberg Markets