BLACKROCK, INC. 'We think that perhaps one, or even no, hikes are a distinct possibility this year," Rick Reider, BlackRock's chief investment officer of global fixed income, said in a statement.
(Reporting by Richard Leong; Editing by Chizu Nomiyama)
BlackRock : sees no more than one U.S. rate hike in 2016
May 06, 2016 at 12:26 pm EDT
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NEW YORK (Reuters) - A top bond manager at BlackRock, the world's biggest asset manager, said on Friday he does not expect the Federal Reserve to raise U.S. interest rates more than once in 2016 following a disappointing April payrolls report.
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