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Tariff Related Inflation Is Key Unknown, BlackRock’s Rosenberg Says
BlackRock Portfolio Manager of the Systemic Multi-Strategy Fund Jeff Rosenberg talks about the impact of the November US employment report on inflation and fixed income. He says markets reacted to the higher than expected unemployment rate.
“If we look at November payrolls, 64,000 was pretty close to expectations and don’t forget we will have another payroll number before the January meeting, that’s going to make these other two much less important," he said on "Bloomberg Surveillance."
(Source: Bloomberg)
“If we look at November payrolls, 64,000 was pretty close to expectations and don’t forget we will have another payroll number before the January meeting, that’s going to make these other two much less important," he said on "Bloomberg Surveillance."
(Source: Bloomberg)
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