BlackRock’s fixed income chief Rick Rieder predicts the Federal Reserve has “one or two” more interest rate cuts left. Rieder believes the Fed will continue to lower rates in response to slowing economic growth and trade tensions with China. The central bank has already cut rates twice this year, with the most recent cut in September. Rieder’s comments come as investors and analysts closely watch the Fed’s next move as they navigate uncertain market conditions.

Read more at Yahoo Finance: Fed Has ‘One or Two’ More Rate Cuts Left, BlackRock’s Lynam Says