Here's your summary from BlackRock’s Rieder Is Still Looking for a September Rate Cut (https://www.youtube.com/watch?v=dqayWHdYrGs) on the Bloomberg Television channel:
### TLDR:
BlackRock's Rieder believes the Fed still aims for a rate cut in September despite recent bond market fluctuations.
### Key Points:
1. The bond market has seen extreme fluctuations, with the market currently pricing in two rate cuts for the year.
2. Rieder thinks the Fed still wants to implement a rate cut or two, with a focus on the upcoming inflation report.
3. Despite a slower US economy, Rieder believes the economy is still strong and only experiencing a moderate slowdown.
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