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

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 .