Sticky US Inflation Will Wrongfoot Fed Rate Bets, Hildebrand Says

Sticky US Inflation Will Wrongfoot Fed Rate Bets, Hildebrand Says

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BlackRock Inc. Vice Chairman Philipp Hildebrand said investors’ bets on US interest-rate cuts could prove excessive once inflation turns out to be stickier than anticipated. • None US Economy Set for Another Cash Boost If Congress Backs Tax Deal • None Biden Says US Doesn’t Support Taiwan…

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