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Fed might not need to hike rates in May as economy slows, says BlackRock - Stock market news

NEW YORK (Reuters) - The Federal Reserve may not need to raise interest rates further to fight inflation, as the fallout from last month's turmoil in the banking sector and a series of recent labor data point to a slowing U.S. economy, a BlackRock executive said on Monday. | 06:11pm
Rick Rieder Davide Barbuscia Josie Kao Labor Department Though Friday

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