Market Cap
24h Vol
6566
Cryptocurrencies
51.43%
Bitcoin Share

Blackrock CEO Expects 2 Rate Cuts This Year; Warns About Inflation

Blackrock CEO Expects 2 Rate Cuts This Year; Warns About Inflation


CoinGape
2024-04-12 22:53:50

Blackrock CEO Larry Fink has said that he expects the US Federal Reserve will likely cut rates only two times this year. The prediction is quite contrary to the market’s earlier prediction of three rate cuts this year. Fink’s idea had come at a time when recent CPI data had also already created a dilemma The post Blackrock CEO Expects 2 Rate Cuts This Year; Warns About Inflation appeared first on CoinGape .


Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.