BlackRock CEO: There is a possibility of interest rate hikes in the next year, but this is not the core forecast
On January 26th BlackRock CEO Larry Fink stated that it is possible to raise interest rates at some point in the next 12 months, but he also emphasized that this is not his core prediction, but rather a possibility he sees. He said that the bond market shows that inflation may be higher than people imagine, and if you look at the US bond market a year and a half ago, the US experienced very high inflation at that time.
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