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BlackRock CEO Fink: US Won’t See Hard or Soft Landing in 2024

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October 24, 2023

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BlackRock Inc. CEO Larry Fink doesn’t expect a hard or soft landing for the US in the year ahead as he sees interest rates remaining higher and says the power of the economy and the consumer “is giving me comfort that the economy is fine.” Fink spoke Tuesday from Riyadh, where he and other finance titans gathered for Saudi Arabia’s Future Investment Initiative conference, nicknamed “Davos in the Desert.”

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BlackRock CEO Fink: US Won’t See Hard or Soft Landing in 2024 · Bloomberg Television · Sentinel