BlackRock executives are presenting conflicting views on Federal Reserve policy just days before the July FOMC meeting. CIO Rick Rieder advocated aggressively for rate cuts in a Bloomberg interview, arguing current policy harms the service-based U.S. economy and housing sector. "The real impact of interest rates... it's about housing," Rieder stated, claiming cuts to 3.25% could reduce home prices through increased construction.
Conversely, CEO Larry Fink warned against aggressive easing at the FII conference, citing "embedded" inflation concerns and predicting only a modest 25 basis point reduction. This aligns with market expectations: CME FedWatch shows a 95.9% probability of rates holding steady this month.
Amid this debate, Ethereum ETFs have dramatically outperformed Bitcoin counterparts with $1.85 billion in net inflows between 2021 and July 2025 versus just $72 million for Bitcoin. The divergent executive views and ETF data create market uncertainty as traders await Wednesday's FOMC decision.