Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023

Blackrock CEO Expects Inflation to Persist, but No Major US Recession in 2023Blackrock’s CEO, Larry Fink, stated in an interview on Friday that he does not anticipate a “big recession” in the United States. However, he believes that “inflation is going to be stickier for longer.” In contrast to the U.S. central bank’s 2% goal, Fink predicts that “we’re going to have a 4ish floor in inflation.” […]

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