Blackrock's Rieder says the Fed should hike rates 100bps over 6-12 months then stop

Comments from Rick Rieder, BlackRock's Managing Director, Chief Investment Officer of Fundamental Fixed Income

via Bloomberg headlines

• Says payroll growth will slow
• Federal Reserve should raise rates 100bps over 6-12mths and then stop

-

The Fed is way ahead of Rieder. They've skipped the part about raising rates, but they have stopped.