Larry Fink, the CEO of BlackRock Inc., has projected that the U.S. Federal Reserve will not reduce interest rates as significantly as the market anticipates, citing high “embedded inflation.”
Where Today's News Shapes Tomorrow
Where Today's News Shapes Tomorrow
Larry Fink, the CEO of BlackRock Inc., has projected that the U.S. Federal Reserve will not reduce interest rates as significantly as the market anticipates, citing high “embedded inflation.”