BlackRock’s Rick Rieder eyes potential Fed ‘split’ on whether to do more rate hikes in 2023

While the Federal Reserve might like to get another interest rate hike in later this year, BlackRock’s Rick Rieder thinks the Fed has done enough.

The central bank is scheduled to release its policy statement on interest rates along with a summary of its economic projections on Wednesday at 2 p.m. Eastern Time, with investors widely expecting it will keep its benchmark interest rate steady at the current 22-year high. 

But…