The market thinks BlackRock’s Rick Rieder will be the next Fed chair. Here’s what’s at stake

The market thinks BlackRock’s Rick Rieder will be the next Fed chair. Here’s what’s at stake

The market thinks BlackRock’s Rick Rieder will be the next Fed chair. Here’s what’s at stakeA five-month process of finding the next Federal Reserve chair appears to be down to its final days, with one candidate emerging as the betting favorite even as others remain in the mix. BlackRock fixed income chief Rick Rieder is seen by prediction markets as the frontrunner to replace Jerome Powell at the helm of […]