{"id":123618,"date":"2025-11-07T22:16:10","date_gmt":"2025-11-07T22:16:10","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/123618\/"},"modified":"2025-11-07T22:16:10","modified_gmt":"2025-11-07T22:16:10","slug":"blackrocks-rieder-sees-soft-jobs-market-wants-fed-rate-at-3","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/123618\/","title":{"rendered":"BlackRock\u2019s Rieder Sees Soft Jobs Market, Wants Fed Rate at 3%"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">BlackRock Inc. executive Rick Rieder, who is among those being considered to succeed Federal Reserve Chair Jerome Powell, said the labor market is softening and interest rates should be lowered to 3%.<\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">\u201cWe have a softening of the labor market that is quite significant,\u201d Rieder told Bloomberg Television on a day when monthly payrolls data would ordinarily have been released but for the ongoing government shutdown. \u201cIf we had the number today, I think it would have been reflective thereof.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"BlackRock Inc. executive Rick Rieder, who is among those being considered to succeed Federal Reserve Chair Jerome Powell,&hellip;\n","protected":false},"author":2,"featured_media":123619,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[48030,138,70564,219,866,45699,266,3508,27240,232,3678,220,86350,111,139,69],"class_list":{"0":"post-123618","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-blackrock-inc","9":"tag-business","10":"tag-christopher-j-waller","11":"tag-economy","12":"tag-federal-reserve","13":"tag-fixed-income","14":"tag-government","15":"tag-interest-rates","16":"tag-jay-powell","17":"tag-jobs","18":"tag-labor","19":"tag-markets","20":"tag-miki-bowman","21":"tag-new-zealand","22":"tag-newzealand","23":"tag-nz"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/123618","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=123618"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/123618\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/123619"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=123618"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=123618"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=123618"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}