BlackRock Cautious on Fed Cuts Amid Inflation, Despite Rising Crypto ETF Investments
BlackRock predicts smaller Fed rate cuts than the market anticipates, due to ongoing inflation concerns. Asset managers continue high-risk investments, with significant crypto allocations despite market volatility. Market expectations contrast with BlackRock’s cautious outlook, with predictions of rates dropping to 3.5%. Meanwhile, Bitcoin ETFs are once again seeing positive net flows with only one day…