Vanguard Investor Program Grows With Little Impact on Voting
Investors Expect Aggressive Fed Cuts. Not So Fast, BlackRock and Barclays Say.
BlackRock Survey: Retirement Plan Advisors Demand Active and Income Strategies
Press Release: BlackRock(R) Canada Announces September Cash Distributions for the IShares(R) ETFs
Blackrock: The loose cycle of the Reserve Bank of Australia may not deepen.
Blackrock Asia Pacific Fixed Income Director Craig Vardy said that the Reserve Bank of Australia does not seem eager to follow the footsteps of other central banks in cutting interest rates this year, and even if it joins the rate cut, the loose cycle will not deepen. Due to the Reserve Bank of Australia's continued concern about rising core inflation rates, all eyes should be focused on the beginning of 2025, as this is the earliest possible date for an official overnight cash rate cut. However, Vardy stated that the rate cut is expected to be 25 basis points in the first, second, and third quarters of next year, so it will not cause a huge reaction.
Foreign headlines: Boeing announces cost-cutting measures, BlackRock expects the Federal Reserve to cut interest rates by 25 basis points this week, and Citigroup believes that Trump and Harris' policies are bearish for US stocks.
The headline news that received common attention from global financial media last night and this morning mainly includes: Biden's chief economic adviser downplays inflation risk, saying that lower interest rates will help reduce housing costs. As policymakers shift their focus to protecting the job market, Joe Biden's chief economic adviser has downplayed the risk of a reignited inflation. Lael Brainard, director of the White House National Economic Council, said on Monday that the U.S. economy has reached a "turning point" and suggested that lowering market interest rates may help address the housing cost issue. In her speech to the Foreign Relations Committee, Brainard said: "Inflation is returning to near-normal levels, and the
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