BlackRock CEO: Several corporate executives indicate that the U.S. may have already entered a recession, and if tariffs are implemented, it will exacerbate inflation
ChainCatcher news, BlackRock CEO Larry Fink stated in an interview with Bloomberg that we will see "more signs of economic slowdown" in the coming months. Several corporate executives contacted indicated that "we are likely already in a recession."
In addition, Larry Fink also expressed concerns that if "all proposed tariffs are ultimately implemented," it would further raise inflation.
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