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BlackRock Strategists Say Traders Are Wrong on Fed’s Rate Path

(Bloomberg) — Strategists from the world’s biggest asset manager are challenging traders betting that the Federal Reserve will raise rates to around 3% next year, saying that policy makers will raise borrowing costs to 2%, but not go much further.Most Read from BloombergElon Musk Makes $43 Billion Unsolicited Bid to Take Twitter PrivateUkraine Update: U.S., EU to Send More Arms; Warship DamagedCalifornia Lawyer Quits Over Allegation Newsom Meddled in Activision CaseDemocrats Ask the IRS Why Tax

The View From Unretirement: Retired and bored or — worse yet — boring? Try this

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