Wall Street gets ready for the Federal Reserve to pull trigger on tapering, despite ‘unusual situation’ in U.S. economy
October 08, 2021 at 15:11 PM EDT
The labor market recovery may be slowing, but the Federal Reserve probably will --- and should --- taper 'excessive liquidity-accommodation in the very near future,' says BlackRock's Rick Rieder, CIO of global-fixed income at the investment giant.