BlackRock fixed-income chief Rick Rieder , a reported contender for Fed chair, said the U.S. is in the “best investing environment ever” and urged the Fed to cut rates, potentially as soon as September. While his dovish stance aligns with President Trump’s push for easier policy, Rieder’s acknowledgment of tariff-driven inflation may test his appeal to the White House.

BlackRock’s chief investment officer for global fixed income, Rick Rieder, is bullish. He says the landscape has never looked so good for investing and believes Jerome Powell should be cutting interest rates.

Rieder also happens to be in the running for Fed chairman, according to numerous reports.

While the White House will be mindful of the fact that Jerome Powell’s successor will need to be a credible economic force

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