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 2023

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Blackrock’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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